USDJPY, DIagnoal Five Wave, 1HRGood afternoon
UJ is looking to be on a bearish trend and currently forming. I posted analysis last week pertaining to this pair being a bull run, it started off strong, but the bears seem to be taking control. No worries, all we have to do is adapt and react off the market conditions
Here is a quick scalp opportunity to get into if you are currently scanning the market for ideas. Currently looking for price to head up to 134.196 to complete wave 5 of the diagonal channel.
If you like this analysis and/or have a similar set up please share, like, and leave a comment.
