Nov. 12th – USDJPY

Today is my last day of posting my updates. I want to thank Prof. Aldo for giving me this opportunity to show you all my analysis and thought process. I hope it was helpful for you. I for sure enjoyed it a lot. Thanks and see you all at our Guild sessions next week.

So for this pair, sfar so good, no change in our outlook and we are still expecting the pair to complete a last leg up for (5). Looking at the 2D chart, using the 4-9-18 template we can see that it is not yet ready to give a signal. Moving to the 4H chart, we can see the move up from (4) has found some resistance at the same level as the previous tops. At this point, my expectations are that it will complete the last leg up of a 5 wave move that will end slightly above the target as marked on the chart, before finally moving in our desired direction. So for now, we still wait for (5) to be in place.