nikitafx

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

FX:USDJPY   U.S. Dollar/Japanese Yen
691 2 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 (http://climbingfx.jugem.jp/)
pantera3k PRO
2 years ago
What about 109.34 is Resistance?
Reply
CajunXChange
2 years ago
Hell of a call bro.
Reply
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