nikitafx
Short

USD/JPY Fractal Top Out on Dec. 05 (Nikita FX )

FX:USDJPY   U.S. Dollar/Japanese Yen
671 0 1
2005. Dec             . 05's Top:121.38 & consecutive Decline to 108.96 will have Fractal Top Out
relationship with 121.84 of Dec             .05 this year.
Their starting points & total upward wave length are alomost the same. Therefore I would
say that USD/JPY             had already started 5 months-long Declining Phase. It would be able to
reach 108.96--109.40 at maximum.

The last A Phase was happened even Yen Carry-trading session.

Mid-term view is SHORT & long-term view is LONG.

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