USDJPY possible 170 Pip (+/-) movelooking at a classic wedge pattern here and an Elliott wave abcde correction pattern. We will see but I think it should push to the upside to the 2.618 extension based on previous time and price patterns. 16 bars 16 hrs band about 1.45% move each time.
My only issue with this chart is that I am looking at the Dollar hitting possible time and price resistance right now. see linked idea below.
Elliottwavecorrection
Outlook on UJ for next year, keeping short bias Hey traders! I'm still looking this as a monster zig zag correction with a deep B wave correction based off election hype! If you like the chart give it a thumbs up! If you think it's a dumb idea let me know! :)
I'll be looking on lower TF for set ups!
Have a good weekend everyone, & thanks for taking a look! :D