Over the weekends I have been looking at the USDJPY chart and wondering if I should shift the 4th wave back to an earlier position. What that means is that the ending diagonal actually started with a strong wave down before the other 3-3-3-3. That could be a possibility given that Fibonacci analysis shows the low made was, in fact, a Fibonacci extension level.
Note that both counts are possible. But, right now, I am more in favor of this.
Note that both counts are possible. But, right now, I am more in favor of this.
Order cancelled:
New count is no longer valid. Back to the old count.
