Elliott Wave Free Forex Signal

Currency pair = USD/JPY

ElliottwaveSignal:

Short term trade.

TimeFrame = 4 Hours.

Signal = Market sell advise.

Risk Reward Ratio = < 2.0

This is a high risk trade on taking advantage of the remaining counter trend.

Possible of next Elliott wave pattern :-

Corrective ZigZagC.

Market are now should forming a correction after reached a new four month high last week.We could see this correction is expanding utill end of the month.

Ranges for this corrective ZigZag pattern would be between 121.50 to 119.50 area.

Regards.

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