CORRECTION: UPDATE #4: USDJPY: A WAVE 3? MAYBE NOW!. 180+ PIPS P

My apologies to my readers. I labeled the "make-or-break" point incorrectly. I have corrected it in this update. But I had forgotten I had already pointed this out in my original post. Ooops!

But while I'm at it and not to waste some good writing space, the reason why that is my "make-or-break" point is that it is at that point that price action will force me to re-evaluate my wave count since I already labeled wave (2) as completed, prices cannot very well go back above that point or else wave (2) isn't wave (2).