Simple chart analysis for USDJPY

Elliot Wave finished uptrend. ABC finished and a reversed triangle pattern formed. Second ABC may do two things: follow triangle pattern for a diamond pattern, or follow trendlines and go bullish.

Expecting that EURUSD go bullish, then it can be expected to go bearish for the time being, until it hits the lower trendline.

Note: whales will follow EURUSD market direction. In this market they will probably wait and then go sell.

• It's a risky trade.
  

Transaction en cours:

Transaction en cours:

It will probably reach 151.500. following the 300% of peak 2 and peak 4. Still unsecure if it is peak 4 but is won't affect negative the trade.

Trade fermée: ordre d’arrêt atteint:

Chart followed as predicted but take the trend side.