TradingView
Rogelio
Jul 22, 2016 8:35 PM

USDJPY monthly Short

U.S. DOLLAR / JAPANESE YENICE

Description

USDJPY
Monthly chart

After 5 wave decline, there are two options for correction:

*Wave 4 : target 0.382 retracement of wave 3............108.5

*Wave B: target 0.382 or 0.618 retracement of whole decline........... 109.3 / 115.6

in both cases correction is in ABC form
More