USDJPY setting up short Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 13, 2015 2:05 PM

Just reading PA and wave count from 24 Aug low, a 3-3-5 corrective wave (b) that's likely terminating above top of wave a soon, before resuming downtrend on wave (c). Thus, setting up shorts from near 122.30 on impulse (c) down.