According to Fibo Time Cycles, wave 4 low ended this night and now price is developing impulsive price action as wave 5 lingers upside.
Entry:
Buy Limit on Fibo retracements of wave 1 ( like 81.90, 82.00).
SL: Below 61% Ret.
TP:Above wave 3 high.
Take care,
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/usdjpy-h4-update-tpi_5.html
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