USDJPY Elliot wave count 07/08/2020

I am still not convinced that the correction is over for this market
I think next week we will be still in the correction

Kommentar:

Kommentar:

Kommentar:

the market went against my prediction but I am still not convinced that this is gonna be wave 3. i might be wrong
I still think the market needs another pullback before we go all the way up

Trade wurde manuell geschlossen

Kommentar:

As i forgot to open a new post for this I will continue the count here under this post for this week
the market is going as predicted so far :)

Kommentar:

I think we still need one more wave down

Kommentar:

the bigger picture

Kommentar:

the level is touched , I am counting bullish now

Kommentar:

30min chart

Kommentar:

Kommentar:

I cant find any fibo cluster to predict the end of the current down trend but the RSI is showing a negative divergence. think it is time to count bullish

Kommentar:

Kommentar:

Kommentar:

Kommentar:

we are still in the bearish channel of a bigger degree. I am personally log and I have a long potion but I can not confirm my count until the bigger trend channel gets broken.

Trade geschlossen: Ziel wurde erreicht