usdjpy 5 waves down?

if so, a move back up ideally around 50 to 62% region
to play safe, one can wait for a mini 5 waves up in the 1 to 5 min chart before planning for entry

earlier inverted head and shoulder failed after price drop back below the neckline

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not bad, most closed at 111.7 for around 150 pips and the rest let it run