USDJPY. Updated count. Another drop is possible.

The main thing - the break below 112.57 (low 18JAN2017) invalidated the previous count.

I think we are in abc (blue) correction before another drop down.
The blue C can surpass the top of blue A.
The break below white support line would confirm the start of another drop down.

Targets are between 38.2% (111.99) and 50% (109.93) Fibonacci retracement levels.

تعليق:

Update

تم إغلاق الصفقة يدويًا:

The sharp reversal is not good. Book any profit. Need to see if it reversed