AJAYSHARMA

Elliott / Ichimoku /Time cycle/price

FX:USDJPY   U.S. Dollar / Japanese Yen
As per Elliott we are in wave 3 of one lesser degree. This wave 3 scenario is supported by Ichimoku 5 line analysis i.e SSA / SSB (cloud) up, Tenkan sen + Kijunsen pointing up , Chikou span is free.

The pair shows a 12 bar Taito Suchi time cycle which points towards Henkabi on 10/march.
Since 1E target (which is also 1.618 Elliott wave target) is already achieved . The question is are we going to see an accelerated move tp a 2E target in 10/03/2021. Lets see , But 10/03/2021 seems to be a very crucial date.
Regards

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