USD/JPY wave analysis since 121.68 (Nikita FX )
This is my latest wave analysis of USD/JPY since 121.68 (not 121.84).
According to wave length of 3-sub-5-3, max. target of 3-sub-5-5 should be at 121.72.
Although Dec.08's peak was 121.84, it was a Flat expanded 2.
The initial wave Red 1 finished at 117.93. And Blue A almost equals to Blue C which was
topped at 119.55 this evening (EST). These ABC were wave Red 2.
Since 119.55, Biggest wave Red 3 has already started.
Its target (Fib.161.8% of wave Red 1 ) will be at 113.22
Nikita FX (climbingfx.jugem.jp/ )
According to wave length of 3-sub-5-3, max. target of 3-sub-5-5 should be at 121.72.
Although Dec.08's peak was 121.84, it was a Flat expanded 2.
The initial wave Red 1 finished at 117.93. And Blue A almost equals to Blue C which was
topped at 119.55 this evening (EST). These ABC were wave Red 2.
Since 119.55, Biggest wave Red 3 has already started.
Its target (Fib.161.8% of wave Red 1 ) will be at 113.22
Nikita FX (climbingfx.jugem.jp/ )