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12-08-2022

The price for this currency, after updating the local minimum, which most likely completed the development of the first part of the downward wave of the assumed diagonal downward, performed a local corrective pullback upward.

If the current assumption continues to receive support, then soon, perhaps after a slight upward pullback, the pair’s value will continue to move down and form a new lower extremum.

Usdjpyh1 5Usdjpyh4 5

11-08-2022

The price for this currency in the framework of the scenario under consideration performed a confident downward reversal, and it is possible that the development of a downward wave of the assumed diagonal downward has begun.

If the current assumption continues to receive support, then soon, perhaps after a slight upward pullback, the pair’s value will continue to move down.

Usdjpyh1 4Usdjpyh4 4

10-08-2022

The price for this currency remains in the area of the reached levels and it is still possible that within the framework of the development of the structure of the first pattern in the form of 5-3 down, the initial part takes the form of a diagonal.

If this assumption is confirmed, then fixing the price below the confirming level may provide quite significant support for this assumption.

Usdjpyh1 3Usdjpyh4 3

09-08-2022

The price for this currency remains in the area of the reached levels and it is still possible that within the framework of the development of the structure of the first pattern in the form of 5-3 down, the initial part takes the form of a diagonal.

If this assumption is confirmed, then fixing the price below the confirming level may provide quite significant support for this assumption.

Usdjpyh1 2 Usdjpyh4 2Usdjpyh4 2

08-08-2022

The price for this currency has made a relatively confident upward movement, and it is possible that within the framework of the development of the structure of the first pattern in the form of 5-3 down, the initial part takes the form of a diagonal.

If this assumption is confirmed, then soon, perhaps after updating the local maximum at lower degrees, the value of the pair will make a confident downward turn.

Usdjpyh1 1Usdjpyh4 1

06-08-2022

The price for this currency has made a relatively confident upward movement, and it is possible that within the framework of the development of the structure of the first pattern in the form of 5-3 down, the initial part takes the form of a diagonal.

If this assumption is confirmed, then soon, perhaps after updating the local maximum at lower degrees, the value of the pair will make a confident downward turn.

Usdjpyh1Usdjpyh4

Considering the price chart in daily degrees, it is possible that the initial part of the first pattern in the 5-3 down formation takes the form of a diagonal.

If the current assumption is confirmed, the price will resume its downward movement in the near future.

But, it should be understood that the height of the pullback at intraday degrees still retains the potential for the formation of a new omakismum in 2022.

Usdjpydaily

The price for this pair, within the framework of the assumption under consideration, performed a confident downward reversal, and it is possible that the development of the first pattern in the form of a 5-3 downward formation began on intraday degrees.

If the current assumption continues to receive support, then after the completion of this pattern, we should expect a continuation of the price decline.

Usdjpyweekly

The situation for this pair has practically not changed since the beginning of 2018, that is, the price, as expected, continued to move up, and formed a new maximum for many years, and it is possible that at the moment the development of the upward wave of the assumed plane is being completed.

If the current assumption continues to receive support, then soon the value of the pair will perform a confident downward reversal.

But, it should be understood that the correction in question may take the form of a triangle, so the expected decline may be relatively limited.