FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             is making a correction to the downside. It looks like we are about to start the second leg of the X-wave of a WXY going to the downside. The equal legs for C of X match nicely with the 0.618 retracement of the W-wave down. So this is a possible target for a start of the Y-wave. Good luck to anyone!
Your analysis looks valid. See how it goes.
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