USD/JPY Wave Analysis 2nd Week / September / 2024

I see the decline from July 3rd as a diagonal wave, wave A or the first wave.

The first wave of this diagonal wave is larger than the third and fifth waves, and the third wave is currently in progress.

I also think that the diagonal wave will be completed while staying under the daily MA.

If the price breaks the daily MA before completing the diagonal wave, this idea will fail.