According to my count, the USDJPY has formed a double flat, currently at the X wave or the beginning of a new motive.
If X, it will form another corrective pattern to Z. Z in this case is a projection of equality, i.e, wave W and Y are equal, so Z may also be equal to them. Moreover, this point is also the 78.6% retracement of the overall motive wave.
I'll wait to see how it turns out. This is MY COUNT.
If X, it will form another corrective pattern to Z. Z in this case is a projection of equality, i.e, wave W and Y are equal, so Z may also be equal to them. Moreover, this point is also the 78.6% retracement of the overall motive wave.
I'll wait to see how it turns out. This is MY COUNT.