If you follow me, I am pretty sure you know that I've posted USDJPY on yesterday May 6,2020
And today , USD Yen really drop as I predicted before.
But let me I tell you something...
This USDJPY you can sell again , but let it go up first to re-test fibonacci 50% retracement 106.516 . And from there, you actually can short USDJPY !
KEY NOTES :
1 ) USDJPY in bearish mode
2 ) I see USDJPY almost done about wave intermediate correction B . My prediction final drop only until 105.630. Consider that USDJPY seems made flag parallel channel. So if you short, lock profit on 106.516!
TIPS : Wave B most of time will doing correction over than 50% of wave A
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