This is second series chart of wedge C wave of USD/JPY. After making wedge C
wave, IH&S neckline was broken at 109.34.
Which means if USD/JPY will recover above the neckline (Blue line), IH&S target
will be at exactly 110.50
However it might be able to plunge into far below the Yellow channel zone if it will
be breakdown with its wedge support line.
Nikita FX (climbingfx.jugem.jp/)
wave, IH&S neckline was broken at 109.34.
Which means if USD/JPY will recover above the neckline (Blue line), IH&S target
will be at exactly 110.50
However it might be able to plunge into far below the Yellow channel zone if it will
be breakdown with its wedge support line.
Nikita FX (climbingfx.jugem.jp/)