victormcastanonc

USDJPY 1D Elliot, Rectangle, S&R, SHORT TP 108.00

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY 1D Elliot, Rectangle, S&R, SHORT Big correction from my previous analysis, price broke the trend line i draw but still inside a Rectangle, due to this i think the original setup was wrong since i considered wave "4" as a descending triangle, now i change my view an consider it as a COMBINATION in this case as a "W-X-Y" the way i see, the final outcome doesn't change, i think the price got to the end of waves "c" and "X" and now is moving down to wave "(a)" of wave "Y" around TP 108.00
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