USD/JPY next wave will be Alt.5 (or Y ) (Nikita FX )
USD/JPY is still forming the upward Pink Regression Channel. And wave counting is
Alt. 4 (or X ). As far as keeping above Pink Channel bottom line, USD/JPY is heading
for upward target: 110.70 ( in case of W=Y, 111.27 in case of Alt. 5=1.272 x Alt. 3).
In addition to that, If wave 5-3-5 might be a truncate wave 5-5, USD/JPY might have already started
its Major-A upward wave. In this case we should recognize the target: 105.84 of Big H&S was deteriorated
with (125.85--75.32) Fib. 38.2% strong support (at 106.55).
Nikita FX (climbingfx.jugem.jp/ )
Alt. 4 (or X ). As far as keeping above Pink Channel bottom line, USD/JPY is heading
for upward target: 110.70 ( in case of W=Y, 111.27 in case of Alt. 5=1.272 x Alt. 3).
In addition to that, If wave 5-3-5 might be a truncate wave 5-5, USD/JPY might have already started
its Major-A upward wave. In this case we should recognize the target: 105.84 of Big H&S was deteriorated
with (125.85--75.32) Fib. 38.2% strong support (at 106.55).
Nikita FX (climbingfx.jugem.jp/ )
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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.
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.