USD/JPY alternate scenario: IH&S and wave E triangle
This is an alternate scenario of USD/JPY. There you can count wave E progressing since 105.44 .
Wave E is forming a bullish triangle and will breakout very soon, then reach through IH&S neckline
later. In the event of breakout its neckline, its target will be at 105.20.
As far as staying above 101.26/55 (Fib.61.8/76.4% of wave D) this scenario will be effective.
Nikita FX (climbingfx.jugem.jp/ )
Wave E is forming a bullish triangle and will breakout very soon, then reach through IH&S neckline
later. In the event of breakout its neckline, its target will be at 105.20.
As far as staying above 101.26/55 (Fib.61.8/76.4% of wave D) this scenario will be effective.
Nikita FX (climbingfx.jugem.jp/ )