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Oct 15, 2018 10:48 PM

UJ 

USD/JPYOANDA

Description

this big drop at UJ implies that for some time this pair will be in consolidation, because on bigger time frame we r going up and the pair is in the middle of wave C. first wave is D1 diagonal now will make consolidation between those orange support and resistance lines and will proceed another length wave A and is finishing exactly somewhere where wave C suppose to finish.
more charts will follow in comments...

Comment

for now the move looks good but well need to identify the sub wave correction to see if its going to the top orange or will stay around here for a while and make correction for more downwards.
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