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glennmercer

USDJPY Short: Wave-C Ending Diagonal at Crab Completion

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
glennmercer Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Ending Diagonal Three Drives Crab Bearish Crab confluence Elliott Wave wave wavetheory wavecount USDJPY glennmercer gmercerfx triplethree correction EW elliottwavecorrection
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endingdiagonal threedrivespattern crabpattern bearishcrab confluence elliottwaves wave wavetheory wavecount usdjpy glennmercer gmercerfx triplethree correction ew elliottwavecorrection
USDJPY has completed a possible ending diagonal at the PRZ of a bearish crab pattern. Ending diagonal target is confluent with the unhit daily pivot. Entry is placed at 1.618XA with SL above 1.786XA and target at Wolfe Wave target line and beginning of ending diagonal. Target also confluent with unhit daily pivot for 1/22/16.
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