EverythingForex

DAILY Chart: USDJPY: "The Fall"

FX:USDJPY   Dolar USA/Jen Japoński
In this DAILY Chart, it is becoming very clear what is happening and what is going to happen. In one word, "DOWN"

WAVE COUNT
There isn't much to add that I didn't already say in the previous WEEKLY Chart. Zoomed in to the action, you can see the clear abc patterns that were part of the wave (a) and wave (b). You can also see more clearly the legs a-d of that leading expanding diagonal.

PATTERNS
There are multiple patterns here that all are suggesting a move down. First up is a POTENTIAL Bat #1. Then follows a POTENTIAL Crab and most important, the POTENTIAL Crab #2 that completes near to the .382 retracement of the wave (A). That bat completion should signal the end of the wave (c) and the wave (B) signalling another move up

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