Elliott waves analysis – Wait

USDJPY – Down

Wave Analysis

USDJPY has been in an uptrend for the last few days, but the market is yet to complete the impulsive 5-wave pattern. Currently, the market is in major wave „IV,“ and I expect an impulsive move to the upside. You can pace a buy order with your top loss just below the major wave IV, which is 130.090, and the take profit at 135.610.

Trade Reommendations:

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