binaryoptions
Short

BUYING PUTS FOR END OF WEEK EXPIRATION

FX:USDJPY   U.S. Dollar/Japanese Yen
68 0 0
the reason for this is that terminal impulses are controversial in the sense that you need to have at least one wave that extends more than 161.8% out of the next longest wave and, believe it of not, it seems to be the case here too......correct measurement here means the first wave is extended and under such a scenario the fifth wave to the upside....the current one, should not be longer than the third one........so the highs in the 101.60 area should hold.....end of week expiration in order to catch the whole NFP move on Friday.....it remains to be seen
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