USDJPY, ending diagonal

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Two alternative counts for UJ currently. If we are done, I would wait for the potential IHS to be form before taking a long trade, alternatively, we could be at wave 4 if the ED. If not, wait for a strong breakout if this wedge, retest then Long.

Either way, I will post my daily chart below, UJ correction is pretty much done with w=y at this juncture.

So short trades gotta watch out. I would prefer to wait for a good setup got longs!

Details on chart. GL!
Note
snapshot

Daily
Note
snapshot

If UJ is done, we could be seeing one more leg to 105.3 levels.

So gotta watch for support.
Chart PatternsUSDJPYWave Analysis

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