tugonu
Short

Elliot wave USDJPY supported with Fibonacci

FX:USDJPY   U.S. Dollar / Japanese Yen
There appears to be an elliot wave formation, supported with Fibonacci Speed Resistance Arcs.(1) to (2) is on the 0.382 arc and (3) to (4) is on the 0.618 arc. My prediction is that the correction wave will hit the 0.786 arc and (B) to (C) will be on the 0.786 arc.
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