chessnut

USDJPY EW Anaysis - ABC emerges, wave C ED for sharp rally.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
5
This is a really nice valid ABC count for the USDJPY ahead of the USD ISM number today as an ED is consistent with a sharp move to the base. This puts a short term delay to what I thik is a long term top in the UJ. Good RR levels make it an easy quick trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.