FX:USDJPY U.S. Dollar/Japanese Yen
Hey traders, quick update here. No trade yet. Watch this completion level for impulses. I will buy on a pullback. This could complete the combination wave, although it is not a surefire EW count as there are alternatives that could drop deeper. However, there is a high probability of reversal at this level and I will factor my R/R accordingly.
Comment: First entry out of the watch zone. We may have another dip since the 886 fib is still untouched, but I like the odds and there was a nice rally/pullback to capitalize on: