pigzeni

USDJPY - Elliott, Pitchfork, Fibonacci

FX:USDJPY   U.S. Dollar / Japanese Yen
Background
We completed the wave 5 which unfolded as EXPANDING DIAGONAL.
We are in corrective wave B.
Look how the wave A ended just at the lower parallel line of pitchfork. Plus a CYPHER pattern also formed.

Prediction
Wave B will retrace 0.5-0.618 of A.
Then wave C will take us DOWN.
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