USD/JPY: bearish 'High Wave' pattern

USD/JPY: bearish 'High Wave' pattern


There's a bearish 'High Wave', which has been formed at the last local high. If this pattern confirms, there'll be a moment to have a downward correction. If so, we should keep an eye on the closest support at 111.90 as an intraday target.


We've got bearish patterns such a 'Tweezers' and a 'Harami'. Both of them have been confirmed, so it's time for a correction. Thus, the pair is likely going to test the next support at 111.90 in the coming hours.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera