USD/JPY will be ready for selling at 107.80

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Wave (iii) finally got a perfect length equal to 1.6 of wave (i) - a very good signal. The price moves sideways outside of wave (iii) channel. I am expecting flat correction to last till 107.80 level in a shape of 5 waves. Once wave C if complete I will be ready to sell it again.

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