USD/JPY: Elliot wave analysis
Daily. The pair keeps forming a global corrective wave [b].
Chart. Daily USD/JPY
H4. The pair’s is forming the wave (E) of [b]. Let’s examine its structure in detail.
Chart. H4 USD/JPY
H1. We are now witnessing formation of the corrective wave b. this wave is taking form of a Zigzag. The wave [C] will soon end.
Chart. H1 USD/JPY