Mon 31-12-2018
USDJPYIt looks like still needs to complete Wave4, which seems to be a Flat (3,3,5) correction, so it should complete this Wave4 in a series of 5 waves.
After the Wave4 is completed it should do an impulsive drop towards resistance to complete Wave5.
60Mins
4Hour
Daily
Author: admin —
TradingWaves contributor specializing in Market Structure, Elliott Wave,
and Technical Analysis.
USDJPYIt looks like still needs to complete Wave4, which seems to be a Flat (3,3,5) correction, so it should complete this Wave4 in a series of 5 waves.
After the Wave4 is completed it should do an impulsive drop towards resistance to complete Wave5.
60Mins
4Hour
Daily