The 4 hour chart has always been the go-to timeframe among the forex traders. As you can see, the trendline has been breached already. It could still go back up, but that certainty will only diminish as time passes.
Appears about right although on daily EW looks to be just at the beginning of final wave 5 (and maybe wave 4 hasn't fully completed yet as well) too early IMO to know for sure. Anyway if this daily then weekly wave 5 completes it just calls for a 3 wave correction, not a big major move down beyond say 146-144 area - at least not below start of original impulsive wave one.
no, i stayed out as the thing felt like a trap good to hear u got a win out of this one i'm prob gonna wait until some type of fireworks hits dollar yen, it somehow seems too "convenient" right now
%% OK; not sure why you used '' reasonable + gubmint'' on US downgraded whale size debt \ 2 or 3 times downgraded debt. But I just found out today ''gub''is a slang sort of slang insult used by Ab Aussies for a white person .I got the mint part LOL
Just unloaded the short position at 150.67. Not sure I feel all that good about this one, since I gave back nearly 1/3 of the windfall.