Bigger correction down and up again for USDJPY

Hi traders,

Last week we were wrong with our analysis. We did'n't think USDJPY would rise this far. But we didn't lose because there was no setup for the sell.
We've adjusted our wave count and think this pair is ready to make a bigger correction down now.
At the moment there is no setup but if we see an impulse leg and a small correction on a lower time frame wich has multiple confluences (fibs and supply area) we will take the sell.

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

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Eduwave Trading