AbhishekHSinghCMT

USDJPY-- 500+ PIPS FREE FALL(NO MORE UPDATES..THANKS)

FX:USDJPY   U.S. Dollar/Japanese Yen
117 0 6
Previous Update-- "UJ( USDJPY             ) & India Nifty--Is it Time to Run Away".....How it really helped me visualise that UJ is forming triangle from the pull-back of 111.88 because it was not crossing 111.35 which was to be watched for 5th wave target-later it was updated that it could be triangle in 4th wave(reason for taking so much time to cross 111.35) -I came to conclusion that if it is Triangle then only one more leg is pending on upside & we shall get buy & sell both opportunities...Buying from 111.20's for target -111.90's atleast & beyond 112 as 112.50--112.70 but for sure selling again at top for targets-110.65-110.75
What happened was nothing less than a magic because we went exactly into 111.88's very close to 1st target@111.90 as mentioned in my earlier report & then the fall-but here again what happened to me --support @110.65--110.75 was broken so fast that I was still in the trade...My God...I am still in the Trade-500+ pips.

Right Hand Side was my earlier count ...Left hand side is updated one.

India Nifty--

We found Ending Diagonal in India Nifty             right at the top@7980....what happened here as well was also not less than a magic... Nifty             crashed 140--150 points on 28th April 2016.....

Thank you for all your support...This is my last piece of analysis since fever or very very less likings hence I won't be writing further...people come ..they just view but do not appreciate or click on like button(left hand top corner) --puts down.

Regards,
Abhishek
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
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