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USD/JPY wave analysis since 121.68 (Nikita FX )

FX:USDJPY   U.S. Dollar/Japanese Yen
389 0 0
This is my latest wave analysis of USD/JPY             since 121.68 (not 121.84).
According to wave length of 3-sub-5-3, max. target of 3-sub-5-5 should be at 121.72.
Although Dec             .08's peak was 121.84, it was a Flat expanded 2.

The initial wave Red 1 finished at 117.93. And Blue A almost equals to Blue C which was
topped at 119.55 this evening (EST). These ABC were wave Red 2.
Since 119.55, Biggest wave Red 3 has already started.

Its target (Fib.161.8% of wave Red 1 ) will be at 113.22

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