1. The structure of the ending wedge is 3-3-3-3-3. The fifth wave should also be a three-wave structure. The current price of the US dollar against the yen is in the third sub-wave of the fifth wave of the ending wedge, which is an upward wave. Tail period.
2. The fifth wave of the closing wedge of the US dollar against the yen is currently seen as a three-wave structure of 3-3-5. The adjustment wave in the chart is marked with purple characters as W-X-Y-XX-Z.
3. The third sub-wave of the last five waves is an extension wave, so the first and fifth waves will not extend again.
4. You can wait for the price to effectively fall below 148.8 before going short.
2. The fifth wave of the closing wedge of the US dollar against the yen is currently seen as a three-wave structure of 3-3-5. The adjustment wave in the chart is marked with purple characters as W-X-Y-XX-Z.
3. The third sub-wave of the last five waves is an extension wave, so the first and fifth waves will not extend again.
4. You can wait for the price to effectively fall below 148.8 before going short.