With EURJPY it is not yet clear whether the wave (3) or the B ended yesterday.
Therefore, we have to wait and see if in the coming weeks 42.855 will be broken and exited down (= wave C), or the price will stay above this level and confirm that wave (4) was the issue.
In the latter case, we would have to expect another high with wave (5).
Therefore, we have to wait and see if in the coming weeks 42.855 will be broken and exited down (= wave C), or the price will stay above this level and confirm that wave (4) was the issue.
In the latter case, we would have to expect another high with wave (5).
A few points above the blue line.
If I am stopped out, I make sure that I get back in at the right moment.