USDJPY-Triangle in wave 4 ? or Expanded flat ? breakout to 115.5
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MARKET COMMENTARY:
1. Expecting a triangle in wave "4" as I shown and once it completed will breakout for wave 5 to 115 and above.
2. Invalidation for the triangle pattern is 113.87 and no need to break the high 114.7 also from here(104.04).
3. If it breaks that 113.87 may be a expanded flat in wave "4" also and that is valid too...
4. So wait for the break out 114.7 to enter with the recent low as a STOP for the target above 115.5.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't 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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