Brief EW analysis of the Nikkei index suggests we're at the top, or close to it.
As per my USDJPY/Nikkei chart, the area above is a very strong quarterly chart resistance.
A move above 23155 would invalidate this scenario, making wave 3 the smallest.
Just something to keep in mind.
Good luck!
As per my USDJPY/Nikkei chart, the area above is a very strong quarterly chart resistance.
A move above 23155 would invalidate this scenario, making wave 3 the smallest.
Just something to keep in mind.
Good luck!
Trade closed: target reached:
Spot on.
Wave 5 is coming to an end ....as you said .....if you look back there is a gap present and today it has filled it completely .....