Forget about USD/JPY's Triangle or Diagonal ABCDE.....
I would say USD/JPY is still in bullish and it goes to 125.52 area if 119.67
(Blue oval zone: Crossing point of IH&S neckline & Green Channel bottom line on Jan. 26)
will be breached....
According to the wave pattern of ABC since 115.84, it would be able to do it....
I would say USD/JPY is still in bullish and it goes to 125.52 area if 119.67
(Blue oval zone: Crossing point of IH&S neckline & Green Channel bottom line on Jan. 26)
will be breached....
According to the wave pattern of ABC since 115.84, it would be able to do it....