Diagonal formation in USDJPY; Elliotical Approach

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Hello Traders!

1. We see a clear 5-wave impulsive move forming a leading/ending diagonal.

2. It could be Wave 1 or Wave A.

3. Targets and stop have been marked on the chart.

Do use proper risk management.
Happy Trading!

Profits,
Market's Mechanic.
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All Targets Hit!
Chart PatternsdiagonalelliotwaveanalysismarketsmechanicRising WedgeshortsetupTrend AnalysisUSDJPYWave Analysis

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