surfingmarket
Singkat

Volatile move ahead for USDJPY

FX:USDJPY   Dolar U.S/ Yen Jepun
175 1 2
Based on the current wave count, USDJPY             is in (v) wave. Since ( iii             ) is shorter than (i), the current (v) wave cannot extends 100% extension of ( iii             ). Therefor the absolute lowest point (v) count finish is 111.931. Otherwise, this wave count is invalid. Even then, the outlook near term is still bearish below the pitchfork structure.
Thanks for your great analysis mate!
Here is my view on USD/JPY.
It is based mostly on Market profile (volume)
If you are interested there are more intraday and swing trading levels in my profile page. You are very welcome there!
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