Have you read our previous article on USDJPY?
Visit here: USDJPY – Bearish Sentiments Outnumbering the Bulls
Timeframe: Daily
The price has reached the first target but is now acting as strong resistance. To confirm a bearish move, the price must break below Wave B at 148.6. A successful breakout could lead the price toward the lower band of the channel or the 100% extension of Wave (A) due to the A-flat formation.
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I have been following your analysis for the past eight months, and your insights are always on point! The way you break down market movements is impressive. Definitely considering subscribing for more in-depth updates!
Brilliant analysis! Loved every insight
Clear, concise, and valuable content!