trade_sniper
Short

USDJPY Elliot wave

FX:USDJPY   U.S. Dollar/Japanese Yen
40 0 0
I see 5 waves down followed by 3 waves up - a bearish sign for this pair. With a relatively tight trading range the last couple of days, the pair could be getting read for a move.
I am shorting below the low of the rectangle with a stop above wave 4 invalidation.
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