From the chart, we have identify a complete 5 waves which previously lead to major bearish impulse. At this time, it's difficult to identify a bigger corrective structure and we noticed only wave A has completely formed
Using a parallel channel to measure a rejection from the swing low trendline where likely a start of wave B
Only interest to go for Short for yen pairs i.e. xxxjpy (Sell) if it's only a confirm bullish on Yen index
Using a parallel channel to measure a rejection from the swing low trendline where likely a start of wave B
Only interest to go for Short for yen pairs i.e. xxxjpy (Sell) if it's only a confirm bullish on Yen index
