dintale
Short

Fourth wave Flat Correction might be completed

FX:USDJPY   U.S. Dollar / Japanese Yen
Expecting dollar sell-off across the broad. Euro             , Gold             , USDNOK             and USDOLLAR             have good setups, but the best i think is USDJPY             , with BOJ Core CPI             figures on top on Fri            
Comment: Its looks like corrective 2 wave for me now.. whatever! I'm still sitting in the trade. H&S target: 106.13 (680pips from current level) Stop: 114.20
in line with USDJPY decline, another H&S in Nikkei emerging just bellow 50% fib. Depressing CPI figures tonight could be encouraging to break that neckline.. keeping eye on that:
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My long term view on this pair with Head & Shoulder pattern and elliott wave:
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Caution: Bank of Japan Governor Kuroda to appear in parliament (from 0400GMT) . Can be one more spike 112.60 - 112.70 will reenter
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