This is a chart of the correction in the USDJPY since the 2008 disaster. There are two good counts for this, an abc as described OR an impulse with a iii and v wave extension. The last impulse in junction with the last triangle (interestingly similar the the prior) is compound evidence that we are at a major top on the daily, bound to retrace to retrace to 118 at at the very least, not to mention that abc's tend to retrace 62%, which could mean we are bound for sub 100 in the coming year or two.
