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USDJPY Wave Count Update: Watch this Level! (Bullish BAT)

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Dólar Americano/Iene Japonês (FX:USDJPY)  
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FX:USDJPY   Dólar Americano/Iene Japonês
USDJPY glennmercer gmercerfx Elliott Wave wavecount EW Bat Triangle
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usdjpy glennmercer gmercerfx elliottwaves wavecount ew batpattern triangle
Hey traders, quick update here. No trade yet. Watch this bullish bat completion level for bullish impulses. I will buy on a pullback. This could complete the combination wave, although it is not a surefire EW count as there are alternatives that could drop deeper. However, there is a high probability of reversal at this level and I will factor my R/R accordingly.
Comentário:
First entry out of the watch zone. We may have another dip since the 886 fib is still untouched, but I like the odds and there was a nice rally/pullback to capitalize on:

USDJPY Long: Ending Diagonal in Watch Zone

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