USD/JPY Pair Predictions
19th February '07 (11:00 am Eastern Time)
*Stay tune for the next predictions which will be unleash at 11:00 am Eastern Time tomorrow..
BUY advice.. This is a very positive signal! Three consecutive wave degrees show a clear POSITIVE trend, as well as a positive EASI, which indicates that the target has not yet been reached. Check if the wave degrees are the time frames you trade. An interesting price swing for Investors. From Minor to Minuette Wave degrees the trends are all up. Most likely the target of the Minuettte wave degree, which is in wave 3, will be reached at 121.37 or percentagewise 1.4726%. Normally also the target of the next wave degree could be reached at 124.33, which is in wave 3.Buy advice This is an opportunity to Buy before an upward acceleration takes place. This item has just made an interesting retrace but still is forecasted to be in an up trend with regard to the Minor wave degree and the Minute wave degree. If the expected price rise follows you have a more interesting risk/reward now compared with acting on the next break out. Trading on retraces is interesting but more risky also, so check other info as well. Check if the wave degrees are the time frames you trade. The current wave for Minor is 3.
3 signals triggered via Elwave :-
Analysis were made during market price at:- 119.61
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