USDJPY--false breakout??

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Is today's move the start of a bigger move--or is it a "E" wave false breakout out. THE big big picture is for USDJPY to weaken, but still think we need to see a "C" wave completed first..then USDJPY will have dramatic move higher...


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Alternative count--if E wave failure is not correct



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The bigger picture on DXY--would argue that scenario 1 is correct--looking for failed breakout.


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Breakout failure "E" close to confirmation

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Chart PatternsTrend AnalysisWave Analysis

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