Got in a bit late. USDJPY Corrective wave done, and it's back to short. Its top hit a previous support line seen on the left. it also hit .50 retracement level. divergence as well to sell using a 45min chart.
Weekly chart Elliot waves would suggest oil is a buy, and we are currently in wave 3 of that trend. On the daily chart we are on Point 4 to complete Wave 5. Take profit is based on Bill Williams calculation for the target zone. Stop loss is 2 fractals back 51.18.
