This is my possible scenarios for USDJPY weekly chart
Two scenarios that Shows the possibility of going down from the current area, and the previous high is the invalid for these scenarios. unless the correction form as a expanded flat which i didn't expect because of the shape that form in the second wave correction.
the other scenario goes straight up to make a new high.
make your own analysis, this is not a financial advice
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.