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technical analysis

USDJPY Bulls Target 117.10

USDJPY suggests the development of a large triple zigzag that consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The first four waves of this triple zigzag have ended. The last actionary wave Ⓩ is currently under development. Most likely, this…

BABA Impulse In The Primary Wave Ⓒ

The formation of BABA shares suggests the construction of a large zigzag Ⓐ-Ⓑ-Ⓒ. Apparently, the construction of the middle part of this zigzag correction Ⓑ has come to an end. It consists of three main sub-waves (A)-(B)-(C) of the…