Pretty intense move up since 24/10/2016
It seems that there was a rejection at 114.882, and we might have started ABC wave correction.
Only time will tell us.

I would jump in the trade right now. We have to wait for the down move at least to the A correction and then from there take an action. If you open a trade now, you are potentially risking
approximately 150 pips against you.

Happy 2017 to all of you.

CHFJPYdowntrendElliott Waveshort

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