StockStork

USD_JPY will bear now ?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I think that this situation in the chart is a so colled throw-over. I see this because the max of wave 5 is pushed up the upper line of the channel and the wave 5 has increasing volumes. We are also on the level 1 of fibo extensions. So now i expect a new bear market.

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