USDJPY Monthly Short on a retracement to the 110 area

FX:USDJPY   U.S. Dollar / Japanese Yen
24 0 1
The most recent downleg from 125.856 on the USDJPY             Monthly Chart appears to be a 5-Wave             down after retracing to a 61.8FR@120. Price is currently @107.50, having come down to 105ish and bounced off of Yearly S3 Support.

Current price action on the Monthly appears to be in a 4th Wave triangle. MTI says shortterm buy on lower TFs, but I want to also look for a selling opportunity to complete the 5th wave down, measured to around 97-100.
Current leg of 4th wave may retrace up to 110 area before heading down in Wave 5 to 97-100 area.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out