USDJPY rejection at wave E, going down now.

FX:USDJPY   U.S. Dollar / Japanese Yen
778 1 31
Last chart was at wave E and we've seen a rejection on friday. I was triggered in and am now short already. You can look for another trigger to go in and ride the waves to V.
Comment: wave 3 of wave 1 might be starting
hi tas
would you say that is a false breakout from the upper channel, now that it has receded back and possibly heading towards I?
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