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.

💪 ElliottWave Trader since 2004. More that 19 years of experience.

🇬🇧 t.me/Waveology
🪆 t.me/TraderIgnat
🦀 Crab News: t.me/infocrab (in Russian)
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.