USD/JPY: wave analysis (May 12)
Roman Petuchov for FBS
Daily. Global rising wave 1 is being formed. Let's see the final part (V) in details.
H12. Wave IV was a flat one - in the near term we'll see a bullish move.
H4. On the chart you may see the end of the wave IV and the beginning of the bullish move. Waves  and  have been formed. Wave  was flat, next week the pair will grow.