USD/JPY has done successfully with its Fractal Flag breakout exactly on May 19.
Initial target is 121.37, but it will be a top of wave 3. We will need wave 4 heading for
120.42 (May 28) and Final wave 5 will be climbing (Fib. 61.8% of wave 3 ) up to 121.77
(Jun. 05/08).
Since 122.02, wave counting is like this:
W-ABCDE + X + Y
Therefore it will be plunging one more big wave (down to 118.07) in June.
Nikita FX (climbingfx.jugem.jp/ )
Initial target is 121.37, but it will be a top of wave 3. We will need wave 4 heading for
120.42 (May 28) and Final wave 5 will be climbing (Fib. 61.8% of wave 3 ) up to 121.77
(Jun. 05/08).
Since 122.02, wave counting is like this:
W-ABCDE + X + Y
Therefore it will be plunging one more big wave (down to 118.07) in June.
Nikita FX (climbingfx.jugem.jp/ )