USDJPY EW Count Update Nice triangle within a triangle Wave e is a triangle, which you do not see very often; maximal tension between shorts and longs This is telling us two things: 1) 5 waves to new high is the final thrust from wave (iv) for the minuette degree, and 2) fairly safe to take a short position after 5 waves to new highs
Published Jul 16, 2026Updated Jul 16, 20262 min read
USDJPY EW Count Update Nice triangle within a triangle Wave e is a triangle, which you do not see very often; maximal tension between shorts and longs This is telling us two things: 1) 5 waves to new high is the final thrust from wave (iv) for the minuette degree, and 2) fairly safe to take a short position after 5 waves to new highs