This is a possible wave counting of USD/JPY which has ABCDE mid-size consolidation
within its wave (4 ). And its ABCDE consolidation is an ascending parallelogram type (Green
zone ): which has approx. 959 pips vertical width.
Therefore initial target of wave (5 ) will be at:
105.19 + 959 pips=114.78
After that area (114.78), major-2 (Alt. B ) wave coming down to the bottom of Green Zone.
Then Final upward wave (Alt. C ) will be climbing up to 153.50 area.
Nikita FX (climbingfx.jugem.jp/ )
within its wave (4 ). And its ABCDE consolidation is an ascending parallelogram type (Green
zone ): which has approx. 959 pips vertical width.
Therefore initial target of wave (5 ) will be at:
105.19 + 959 pips=114.78
After that area (114.78), major-2 (Alt. B ) wave coming down to the bottom of Green Zone.
Then Final upward wave (Alt. C ) will be climbing up to 153.50 area.
Nikita FX (climbingfx.jugem.jp/ )