This is Elliott wave idea about USDJPY , 1hr.
We are on wave (4)(shown as Red line).
The sub-wave of wave (4) is "Expanded Flat"
I think the wave (4) target will be in the range of wave (3)'s Fibo 23.6% to 38.2% or be supported at the end of sub-wave 4 of wave (3).
In addition, Wave C on the Expanded Flat extends to 1.618 times or 2.618 times the wave A.
■Last time idea, Dec 28;
■Dec 22 idea;
We are on wave (4)(shown as Red line).
The sub-wave of wave (4) is "Expanded Flat"
I think the wave (4) target will be in the range of wave (3)'s Fibo 23.6% to 38.2% or be supported at the end of sub-wave 4 of wave (3).
In addition, Wave C on the Expanded Flat extends to 1.618 times or 2.618 times the wave A.
■Last time idea, Dec 28;
■Dec 22 idea;