USDJPY to lose some points from the past weeks?
The final wave five has finished well and the 50% fib extension level.
interestingly the end wave formed an ending diagonal which signals a strong reversal of price if the appear on a particular trend.
As from now we can expect a strong turn around in price.
Alternatively price might be forming a different shape and might retrace to continue growing.
interestingly the end wave formed an ending diagonal which signals a strong reversal of price if the appear on a particular trend.
As from now we can expect a strong turn around in price.
Alternatively price might be forming a different shape and might retrace to continue growing.