USD/JPY : 4H : Looks like W.b/ii has completed with a retracement shorter then usual, as such the case of W.b/ii continuing as an Expanded Flat looks weak but can not be relegated until we see a close above the 114.511 level.
The priority count, that is W .iii going up as an Impulse seems to be playing out and suggests more upside from here on.
However a straight out move below 112.608 will Invalidate this bullish count.
The priority count, that is W .iii going up as an Impulse seems to be playing out and suggests more upside from here on.
However a straight out move below 112.608 will Invalidate this bullish count.
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Related publications
Disclaimer
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.