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NestEggFX
Mar 2, 2016 8:55 AM

FURTHER ANAYLSIS USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Further analysis on the FX:USDJPY.

We can see the bearish gartley completing the final leg before what I think will be a quick retrace before we start moving up again.

We have had a higher high higher close this morning on the 6am candle which has broken the downward trend we have been seeing, breaking out of the wedge shape.

I've just started to learn elliot waves but I believe we are finishing the final impulse wave up before a corrective ABC move.
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