USD/JPY wave ABCDE is progressing since 122.02 (Nikita FX )
This is my latest amended view of USD/JPY's wave pattern.
Since 121.84 wave WXY had finished, and larger ABC started since 115.83.
Since 122.02 wave larger B-ABCDE is progressing. It is now wave B-D.
We will need wave E (Fib.61.8% at 119.09), and target of wave larger C will be at
119.09 + (vertical width of triangle at A bottom: 310 pips)=122.19
And later USD/JPY will be plunging much more heading for June. (114--115 )
If not, exceeding over 122.19, it will go climbing up to 135 Yen level......
Nikita FX (climbingfx.jugem.jp/ )
Since 121.84 wave WXY had finished, and larger ABC started since 115.83.
Since 122.02 wave larger B-ABCDE is progressing. It is now wave B-D.
We will need wave E (Fib.61.8% at 119.09), and target of wave larger C will be at
119.09 + (vertical width of triangle at A bottom: 310 pips)=122.19
And later USD/JPY will be plunging much more heading for June. (114--115 )
If not, exceeding over 122.19, it will go climbing up to 135 Yen level......
Nikita FX (climbingfx.jugem.jp/ )