USDJPY Wave Analysis
- USDJPY is in a complexe correction.
- Market moved higher with decreasing volume and is overbought on daily and weekly Chart
- Smart Money is patiently waiting for the last high before the huge fall will take place
- WXY Correction is nearly done, we should see one last high next week to around 110.000 - 110.200
Trade will be placed IF a significant price action takes place - e.g. 1h/4H Candlestick formation or change of trend on smaller timeframe
This is for educational purpose only. This is no investment advice. Trade with demo account first before risking your own money.
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