nikitafx

USD/JPY looks like an ascending wedge C wave (Nikita FX)

FX:USDJPY   U.S. Dollar / Japanese Yen
3
USD/JPY dropped an equal leg down (within Yellow parallel channel) and rejected
continuing drop. It looks like an ascending wedge C wave which will climb up to the
target of 109.59.
Final wedge C wave is bearish type, so it will breakdown wedge support line (Red
line).

Nikita FX (climbingfx.jugem.jp/)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.