"USD/JPY Elliott Wave Short Setup – Targeting Key Support Zone"

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This chart shows a potential USD/JPY short trade setup based on Elliott Wave analysis. The price appears to have completed a 5-wave upward structure, reaching resistance near 148.75–149.19. A short position is suggested with:

Entry: Around 148.75

Stop Loss: Above 149.19

Target: 146.23–145.80 support zone


The trade aims to capture a corrective move following wave (5).

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