michaelarias

USDJPY - This Looks Like A 5 Wave Structure

FX:USDJPY   U.S. Dollar / Japanese Yen
Given the waves this structure has, it looks like a 5 wave structure because nothing else makes sense.

Due to the choppiness of this structure and the bigger picture I would say 100% the trend is still up.

After this 5 wave structure is complete I would be looking for a long setup.
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