JOSE ANGEL ZABALEGUI LABARTA
$USDJPY TIME TO "E" LEG Today, I analyze the FLD sequence of another opened position in my portfolio (long in USDJPY), which shows a good 40 week cycle sequenced by 80 day cycle interactions market A to D and now, time to E. This means that we may see up pressures for this pair in the coming weeks, looking for new peak of the current 40 week cycle. TIME TARGET I'm expecting the end of this leg by 3 to 5 weeks that may look synchronization with other USD related pairs. That will mark closing good part of the portfolio PRICE TARGET AND UNDERLYING TREND The odds are high for seeing a neutral shape, this means that testing new highs is difficult for now, I envision a good move to around 155-157. Good luck and thank you, again, for your confidence José -------------------------- eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk ::
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