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USDJPY Hourly
if you look at the chart we are doing Wave (2) ... this wave(2) is still unfolding as such there is no setup for me yet the 50% Retracement is at 113.44 where the wave [IV] of larger degree also ended.. the same chart was posted some post back where i warned for potential upcomming (c) ... some books , softwares talk about 0.618 retracement and some talkabout 0.786 retracement we have not reached any of these but we have touched the 0.382 retracement and very close to 0.5% RET...
This wave is not finished yet even if the wave (3) will start it has to do another (1) and (2) of small degree where i will be interested to buy usdjpy untill then all trend is down for now..
update later..
EACAN
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