USDJPY: The Last Sigh And Rise
The consolidation, which continue almost 6 month ready to end. In previous I have reviewed triangle patterns, but a little bit wrong. Current marking looks more clear and fine. This pair left to do a wave e of wave (e).
If this count right this pair will have a good rise again, at least at 124.130 - there the leading diagonal has started in 2007. Usually, the following correction retracing length of leading diagonal.
The next target in area 128-130.5. That is a Fibo proportions in wave ((v))
Good price, which will indicate that triangle ended is the extreme of wave (d) = 120.834. I will try pick up this chance for long position.
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Long term: This rise will the last rise for this pair wave 5, after that I will wait a significant decline to 95-100 and low.
If this count right this pair will have a good rise again, at least at 124.130 - there the leading diagonal has started in 2007. Usually, the following correction retracing length of leading diagonal.
The next target in area 128-130.5. That is a Fibo proportions in wave ((v))
Good price, which will indicate that triangle ended is the extreme of wave (d) = 120.834. I will try pick up this chance for long position.
____
Long term: This rise will the last rise for this pair wave 5, after that I will wait a significant decline to 95-100 and low.
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