USDJPY Short: Wave-C Ending Diagonal at Crab Completion

Theo glennmercer
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USDJPY has completed a possible ending diagonal at the PRZ of a bearish crab pattern. Ending diagonal target is confluent with the unhit daily pivot. Entry is placed at 1.618XA with SL above 1.786XA and target at Wolfe Wave target line and beginning of ending diagonal. Target also confluent with unhit daily pivot for 1/22/16.
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Bearish CrabconfluencecorrectionCrabelliottwavecorrectionElliott WaveEnding DiagonalEWglennmercergmercerfxThree DrivestriplethreeUSDJPYwavewavecountwavetheory
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