USDJPY at it's final run on Wave 5 (Level3 BTMM) on the 4hr Timeframe.
Liquidity on the right has already been grabbed with the recent high and a RSI Divergence (which also was an M pattern of the BTMM school of thought) followed by a CHOCH. It's safe to say the pair has completed the A Wave of it's Corrective Wave and the B wave is almost completed with already a retracement to the ICT Zone of 61.8 - 80 fib Level of Wave A.
A Fib Zone Breakout after a Market Shift (M Pattern) in the Fib Zone with be a good confirmation of the sell to the downside completing WAVE C of the correction.
Liquidity on the right has already been grabbed with the recent high and a RSI Divergence (which also was an M pattern of the BTMM school of thought) followed by a CHOCH. It's safe to say the pair has completed the A Wave of it's Corrective Wave and the B wave is almost completed with already a retracement to the ICT Zone of 61.8 - 80 fib Level of Wave A.
A Fib Zone Breakout after a Market Shift (M Pattern) in the Fib Zone with be a good confirmation of the sell to the downside completing WAVE C of the correction.