USD/JPY: weekly wave analysis
Weekly. A global bullish trend continues.
H12. After forming a horizontal triangle [IV] the market entered a strong bullish impulse [V]. There is a smaller horizontal triangle (IV) inside. It will likely be followed by a new bullish move.
H4. The horizontal triangle is almost over. In this case on the new week we'll see a new bullish wave (V). Alternative scenario - continuation of the flat trend.