nikitafx

USD/JPY wave 4 is coming soon (Nikita FX )

FX:USDJPY   U.S. Dollar / Japanese Yen
993 3 0
If my wave analysis is correct, max. wave 3-sub-5-5 should be below 119.58.
Yesterday's low: 117.85 was 3-sub-5-4. Ideal target of 3-sub-5-5 is 119.21 (Fib.78.6% projection
of wave 3-sub-5-3 )----so far highest 119.28 has done already. Which is still lower than
ex-Green Channel bottom line.

Nikita FX (http://climbingfx.jugem.jp/ )
As far as being under ex-Green Channel bottom line, Correction risk is still alive.
In this Chart my set-up was NEUTRAL. USD/JPY is basically bullish, so I did not mean recommending SHORT.
This chart shows only Buying chance.
-1 Reply
lol. how soon? I lost 30k points with your analysis. demn.
+1 Reply
Still bearish on the USDJPY trade?
Reply
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