USD/JPY looks ready for a bullish reversal after a long-term downtrend. Why? Price action completed a bearish 5 wave pattern at the recent low (purple). The USD/JPY looks ready for a bullish reversal ...
-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...
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