nikitafx

USD/JPY latest possible wave scenario (Nikita FX )

FX:USDJPY   U.S. Dollar / Japanese Yen
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USD/JPY's FRI (1/16) closing level was 117.58 which was able to reach above Green Support Zone
again (weekly closing ). 4-ABCDE triangle consolidation follows like a Red Line (upward D wave &
downward E wave later ).
However in case of 4-C-sub-4-ABCDE, still downward D and small upward E wave coming, then Final
wave down will be at 114.35 area.

Either wave scenario is still possible.......

Nikita FX (http://climbingfx.jugem.jp/ )

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