USD/JPY - Elliott Wave Technical Analysis Structure & Degree: Intermediate Degree (A)(B)(C) (red) sequence - Intermediate (A) (red): 5-swings sequence in a Leading Diagonal, Minors 12345 (red) - Intermediate (B) (red) - Semi-Complex ABC Sequence: Impulsive Minor A (blue) False break-out in Minor B (blue) Extended Ending Diagonal in Minor C (blue) Current Position & Pattern: - Ending Diagonal in Minute V (green), final wave of Minor C (blue) Expected Swing: - Intermediate (C) (red), Bearish Impulse Technicals & Confirmations: - Double Top Divergence on Intermediate (A) (red) starting point - 261.8% or 300% Fibonacci Extensions of Minors A & B (blue) - 100% Fibonacci Extensions of Minutes i & ii (green) - 61.8% Fibonacci Extensions of Minutes iii & iv (green) - Bearish Divergence at Resistance - Bearish Harmonic Structure