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Since starting of this year 2014 we have seen consolidation pattern developing on USD/JPY pair.
As we can seen in the above chart USD /JPY pair approaching channel line of ABC corrective wave. as per my Elliott wave count this pair already finished Wave A and Wave B of ABC corrective pattern . Now progressing wave C of in pink, this [b] wave moving continuously upside from starting of this month and approching major level 103 and also downtrend channel line ABC corrective pattern.
Looking at the[/b]…
As we can seen in the above chart USD /JPY pair approaching channel line of ABC corrective wave. as per my Elliott wave count this pair already finished Wave A and Wave B of ABC corrective pattern . Now progressing wave C of in pink, this [b] wave moving continuously upside from starting of this month and approching major level 103 and also downtrend channel line ABC corrective pattern.
Looking at the[/b]…