nikitafx
Long

USD/JPY IH&S Reversal ? (Nikita FX )

FX:USDJPY   U.S. Dollar/Japanese Yen
678 0 1
Forget about USD/JPY's Triangle or Diagonal ABCDE.....
I would say USD/JPY             is still in bullish and it goes to 125.52 area if 119.67
(Blue oval zone: Crossing point of IH&S neckline & Green Channel bottom line on Jan. 26)
will be breached....

According to the wave pattern of ABC since 115.84, it would be able to do it....
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