Date: 12-Dec-2017
Current price: 113.529
Expected price at 1-Feb-2018: 119.486
4-hours Chart Analysis:
1- Candlestick Pattern Analysis:
Bullish:
Belt-hold
Long Line
Bearish:
-
2- Elliott Wave Analysis:
Intermediate Degree - Impulse Wave: ( 08-Sep-17 - 01-Mar-18 )
(C) 08.09.2017 107.318
(1) 05.11.2017 114.735
(2) 27.11.2017 110.841
(3) 13.01.2018 122.844
(4) 05.02.2018 118.950
(5) 01.03.2018 139.288
Conclusion:
USD/JPY instrument has started…