Wednesday, September 4, 2013

USDJPY 9_4


AJ- Target Hit-- Formed Bearish Butterfly in Process

UJ - Three days no rise in Price-- High V Doji-- Might be time to retest Support before trying to overcome another Line of resistance- However- even though I have it labeled i - it's really only three waves...


UJ - Makining an attempt at a fith wave (breaking the channel would give the 3 of 3- still lots of resistance 99.92- 100.68-101.10

AJ - next target is 92.40  1.618 of A and 1.0 of a