Iridium
Short

USDJPY BEFORE THE BELL

FX:USDJPY   U.S. Dollar/Japanese Yen
18 0 0
USDJPY             IS SHOWING WEAKNESS BEFORE THE JOBS NUMBER COMES OUT TODAY. IT TRENDED SLIGHTLY LOWER THROUGHOUT LONDON TRADING FORMING A WEDGE WHICH IT BROKE OUT OF IN NEW YORK TRADING. UNDER THE
WAVE PARADIGM WE HAVE TWO POSSIBILITIES REGARDING FUTURE PRICE ACTION.

THE FIRST IS A ENDING DIAGONAL (3-3-3-3-3)
THE SECOND IS A FLAT (3-3-5)

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