Mitsubishi UFJ Financial Group (8306 - Tokyo) - ABC wave pattern

Mitsubishi UFJ Financial Group was in 4th wave triangle, which was over. It is in now 5th wave down which is only confirmed when triangle will broken down. This 5th wave is the part of C wave major down in daily time frame as ABC correction down. The better odd for this set up is that it’s under-performer to Nikkei index.