USD/JPY Setup For a Big Trend Move Higher?

After a sharp rally from the low at 104.98; it appears we have seen yet another irregular flat correction; i.e. A-B-C; with Wave C made up of a five-wave impulse decline: [i]-[v]. Interesting this impulse Wave C ended bang on the 61.8% retracement from the swing high 112.39 to the swing low 104.98. Worth a shot? We think so.

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