herdelphiniums

USDJPY, ending diagonal

Long
herdelphiniums Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Two alternative counts for UJ currently. If we are done, I would wait for the potential IHS to be form before taking a long trade, alternatively, we could be at wave 4 if the ED. If not, wait for a strong breakout if this wedge, retest then Long.

Either way, I will post my daily chart below, UJ correction is pretty much done with w=y at this juncture.

So short trades gotta watch out. I would prefer to wait for a good setup got longs!

Details on chart. GL!
Comment:

Daily
Comment:

If UJ is done, we could be seeing one more leg to 105.3 levels.

So gotta watch for support.
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