Alternative labeling indicates that strong wave up form last week might be wave 5 in fact and bullish structure is over.
Nevertheless, it is correction time. The question is how deep can we go: levels from H1 chart still in play.
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurjpy-h4-update_26.html
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