nikitafx

USD/JPY short-term Y downward wave (Nikita FX )

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
2
USD/JPY is now on short-term downward Blue Y wave (TP 1:120.01, TP 2: 119.62 (1.272 extension)).
Since 118.05, Alt.W wave finished at 121.49 and now finalizing wave Blue Y which will have sub-3
waves (maximum up to 120.80 as Y-b).

Final target of Alt. Y will be 119.62 + (121.49-118.05)=123.06

After 123.06, USD/JPY will plunge into one more lower (lower than 118.05) area.

Nikita FX (climbingfx.jugem.jp/ )
Disclaimer

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.