nikitafx
Long

USD/JPY Big IH&S

FX:USDJPY   U.S. Dollar / Japanese Yen
I recognized USD/JPY             started ascending up to 125.86 with its IH&S since 75.32 for the first time.
Then I found this type of big IH&S would be breakout very soon.

There is Daily Cloud Distortion on Jan.02 2018. So If it would be breakout on that day, its IH&S target will be
113.78 + 2240 pips=136.18

I would say Larger wave 5 will be ending at this 136.18 and next Mega WXY wave is coming.
Mega wave Y is going to be at 162 level.
how many months would it take?
Reply
nikitafx vicknz
@vicknz, Well, it could be faster than your expect maybe. If WXY (98.78--118.66:W=Y ),
Y's peak will be at the end of Feb., however it reach up to 127.20
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