EURJPY – Fifth wave is underway – July 26th, 2021
There’s a downward double zigzag, which is supposed to be the fourth wave of wave 1. Previously, we had a massive advance in wave ((iii)). In this case, the market should begin unfolding wave ((v)) of 1 in the coming days. Alternatively, wave ((iv)) might continue, which will lead to a few weeks of consolidation before wave ((v)) begins.