aibek
Short

USDJPY. BOJ made our day )))

FX:USDJPY   U.S. Dollar/Japanese Yen
Hello there!

After such a menacing drop I changed the labeling. Hope this is final ))
Below previous low @ 107.63 I think we will get massive stopouts.

But the chart now looks sharp thanks to BOJ.

Best wishes!
Comment: Fresh day - fresh thoughts. Ending diagonal.
snapshot
In EW principle, C wave in corrective waves is always motive wave except for triangle.
In your chart, C circle of Y circle forms A-B-C?
Correct me if I'm wrong.
Reply
Mizuki32 Mizuki32
OK, it's little things. I think the direction is right and have a similar view.
Let's see how it goes! ;)
Reply
aibek Mizuki32
You are right, I should label it as WXY lesser degree. Thanks for your valuable comment, you spent some time for the chart to analyze, it's really inspiring, Mizuki!
Best wishes!
Reply
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