USD/JPY Total wave A will be over in near future (Nikita FX )
395
This Chart shows us the latest wave counting & its target. it is now going on with wave 5-4. 5-4 (Fib.23.6% retracement) will be reaching 108.80. 5-4 (Fib.38.2% retracement ) will be reaching 109.48. Therefore Final 5-5 will be plunging into 106.55, or 105.86 by calculating with Fib.61.8% of wave 3.
The whole downward wave since 125.86 thru 5-5 bottom (105.86 or 106.55) should be called wave Major-A. Next Major-B is upward back to total Fib. 23.6% to 110.58 at least
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.