nikitafx
Short

USD/JPY Election triangle Risk (Nikita FX )

FX:USDJPY   U.S. Dollar/Japanese Yen
861 1 3
Since 117.93 (bottom of wave 1), wave 2 will have ABCDE triangle consolidation.
Due to Jap. Election, wave 2-E spike would be happened on Monday (maybe with a Gap).
However it won't be bullish anymore.

Next wave 3 will be coming after 2-E spike. And this goes to forming a Big H&S, too.

Nikita FX (http://climbingfx.jugem.jp/ )
DonkeyTrades
2 years ago
nice!
Reply
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