traderWgun

Update: completed triangle?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
4
This an update for my previous idea
We have today completed 5 waves to the downside,
which is an impulsive move considering time and length of the move.
This probably means that the triangle wave B is now complete
and wave C is underway.

A break below 100.80 would be a good sign for the bears.

Short term: I would like to sell a three legged correction.

Wave C targets 98 and 97.

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Good luck!

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