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nikitafx
Nov 3, 2014 7:11 PM

USD/JPY wave target Big picture (Nikita FX ) Long

U.S. Dollar/Japanese YenFXCM

Description

USD/JPY has broken its major-IH&S Black neckline at 109.91.
Which means initial target will be at 139.91.

Pink zone which was wave-2-abcde (ascending ) consolidation Parallel area has already
been broken. Target of this type of bullish Flag will be at 115.52

Alt. 1 wave had 2841 pips, so Present wave Alt. 3 will be extended Fib.161.8% up to 151.14.

If IH&S Blown neckline will be broken ( 120.26 at the end of 2014), Final target will be at
least 160.33

Nikita FX (climbingfx.jugem.jp/ )
Comments
CommoditiesTrader
ForceFollower
Why don't you add that sloped line to the bottom as well? It should fit there nicely as well.
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