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EliteOtaku
Oct 23, 2019 9:52 PM

Long first then short at 109.4 

U.S. DOLLAR / JAPANESE YENICE

Description

If I was right, USDJPY should raise to 109.4 in this week or on 31st, the next key spiral calendar time window.

We can find WXY and Y=0.618W, pay attention to where I marked the beginning of Y.

If 109.4 R worked, we can expect USDJPY to drop and break 100 and 97.

Comment

If USDJPY can hold 108.5 tonight, next wave target should reach 109.4 as scheduled.

Comment

USDJPY may not able to reach 109.4, it could stop at 109, so let us reverse here and put SL at 109.1.
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