USDJPY-Looking for WXY for wave ((4)) to complete @ 127 approx
Market Commentary:
1. I am looking for 126-127 zone for 38.2 retracement in wave ((3)) as i shown here.
2. Wave ((4)) could be a triangle irregular flat or a regular flat correction in a,b,c or WXY. But i shown here as WXY.
3. Sometimes wave ((4)) could retrace only 23.6 also in wave ((3)) so mind that.
4. My target is above 143...mind that always looking for ((5))th wave sometimes it will become
a,b,c and failure for ((5)) wave. Previous we saw in USDCHF.
5. Once it got rejected and it came to 126 zone in 3 waves after that it breaks the high then we
have to enter in BUY for the target but not blindly.
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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