Is USDJPY forming an Elliott impulse?: Back to 141.2 then 135

If the chart is forming an Elliot impulse wave, and the sharp drop last week was the third wave of it, we will see the fourth wave correction and arrive at the short-term target of 135.0.
As detailed in the related idea linked below, I would see an elongated range formation, and it could take years for the yen to recover its original level.

Pitchfork. the arks, and the fans are additional TA elements in this analysis, so if you hate them, especially Gann Square, ignore them. Or skip this idea. Offensive comments aren't welcome (and will be reported)

ความคิดเห็น:

Update.

ความคิดเห็น:

15m chart with automatically depicted lines.
This is drawn by my own-made pinescript indicator.
Sorry for messy chart but this is fully automatic.

ความคิดเห็น:

15m original.

ความคิดเห็น:

Pivots changed. Elliott count pending.
Apart from the pending counts, the chart does follow the arcs.

ความคิดเห็น:

15m magnification.

ความคิดเห็น:

Analysis updated: