■Outlook of USDJPY on 1Day chart.
Many traders had published their ideas the ”Bearish Bat” or ”head and shoulder”.
But, I keep on publishing ideas that these waves will be the impulse wave.
Technical basis,
First, Waveⅲ was 2.618 times more than Waveⅰ, the expansion of Waveⅲ was not enough.
Second, the end of waveⅳ break the acceleration channel and ended in a "Throw-over".
Third, the end of waveⅰ and the end of waveⅳ are near to each other.
so, the orange-line waves will be an impulse where the Fifth wave (waveⅴ) extended.
This market will continue bullish .
■Last time my idea, Jan 2,
Many traders had published their ideas the ”Bearish Bat” or ”head and shoulder”.
But, I keep on publishing ideas that these waves will be the impulse wave.
Technical basis,
First, Waveⅲ was 2.618 times more than Waveⅰ, the expansion of Waveⅲ was not enough.
Second, the end of waveⅳ break the acceleration channel and ended in a "Throw-over".
Third, the end of waveⅰ and the end of waveⅳ are near to each other.
so, the orange-line waves will be an impulse where the Fifth wave (waveⅴ) extended.
This market will continue bullish .
■Last time my idea, Jan 2,
