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Lionheart-EWA
May 2, 2019 1:08 PM

USDJPY - Forex Trading | Elliott Wave Structures I Q2 2019 

U.S. DOLLAR / JAPANESE YENICE

Description

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USD/JPY - Elliott Wave Outlook

Patterns:
Leading Diagonal in Primary (A) (turquoise)
Sharp ABC Correction in Primary (B) (turquoise)
Leading Diagonal in Intermediate (1) (blue)
Running Flat in Intermediate (2) (blue)

Next expected swing:
Bearish leg in Minor Y (purple)

Structure change:
A breach of the Channel could change the structure into an Expanding Flat

Comment

USDJPY delivering the fall, as predicted.

Comment

Comment

107 for now
Comments
nightfoxFX
Hi, I have a question. Is circle potentional reversal point ?
Lionheart-EWA
@nightfoxFX, Intermediate (2) (blue) should be, yes.
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