USDJPY-Wave "X" is a simple or will do complex correction to 111 and then to 109-108.5 ?
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MARKET COMMENTARY:
1. As per this trade plan we are in wave "X" as a connecting wave to the downside to 109-108.5 also...
2. Now if the wave "X" completed @ 110.70 as i shown here, it will come down for Y wave in 3 wave structure to mentioned zone...
3. If not it will reach to 111 in a complex correction for wave "X" and then fall to 108.5-109.
4. Once it reached as per the above plan to 108.5-109 i am expecting aggressive bullish price action.
DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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