USDJPY - Short in January (long Term)
This is not a setup but this is a forecast based on Elliot Wave Analysis. Please keep in mind that no guarantee this is gonna work but it is what it is.
USDJPY has been in a long term correction, slowly but sure it creates sort of clearer movement so easier to catch it. I assume USDJPY is making an ending diagonal pattern in Weekly timeframe and its finishing Wave 5, with that being said I would love to see this pair to drop to at least 105.000. Remember that this is a long term forecast and see how it goes.
USDJPY has been in a long term correction, slowly but sure it creates sort of clearer movement so easier to catch it. I assume USDJPY is making an ending diagonal pattern in Weekly timeframe and its finishing Wave 5, with that being said I would love to see this pair to drop to at least 105.000. Remember that this is a long term forecast and see how it goes.
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