WaveTalks

USDJPY- Alternate View-4th Wave Still unfolding (Triangle)

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
4
Previous update -Expected that 5th wave has started as our main count, but we also have an alternate view that 4th wave is still unfolding & it could take shape of a triangle.

Final Result should be an up move beyond 104.50 incase it happens to be a triangle with critical support@102. 81- If 102.81 is taken out -I shall revisit the price structure.

Key Support- 103.17

Critical Support- 102.81


Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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