USD/JPY : 4H : Looks like W.b/ii has completed with a retracement shorter then usual, as such the case of W.b/ii continuing as an Expanded Flat looks weak but can not be relegated until we see a close above the 114.511 level.
The priority count, that is W .iii going up as an Impulse seems to be playing out and suggests more upside from here on.
However a straight out move below 112.608 will Invalidate this bullish count.
The priority count, that is W .iii going up as an Impulse seems to be playing out and suggests more upside from here on.
However a straight out move below 112.608 will Invalidate this bullish count.
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Author : Think with the Markets