ElliottWavePro

USDJPY - developing impulse

FX:USDJPY   U.S. Dollar / Japanese Yen
M120. We've got a bullish impulse in wave ((i)). The price has broken the 30 Smoothed MA , so it's time for wave ((ii)). Under this circumstances, bears are likely going to deliver an impulse in wave (a).

M15. There's a developing impulse in wave (a) with an extension in wave iii . Considering that wave ((5)) of iii is on its last legs, we could have wave iv of (a) on Monday.
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hope so
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