nikitafx

USD/JPY's realistic target: 114.44/45 on Jan. 22 (Nikita FX )

Short
FX:USDJPY   Dollar Américain / Yen japonais
0
The chart pattern since 121.84--115.55--120.82--(115.84 on going) looks like having a
Fractal relationship with the mini-Blue oval zone (wave 3-sub-4: 118.97--117.34--118.57--117.23).

Therefore

118.97--(163 pips)--117.34--(123 pips)--118.57--(134 pips)--117.23

121.84--(629 pips)--115.55--(527 pips)--120.82--( S pips)--P point

According to these proportion, P point is calculated as 114.44/45 so far. And 114.44/45 level will
be coming exactly on Jan. 22 (upper Black line ).
P point (114.44/45) will be a good Reversal point, however there will be an unexpected risk of
plunging more downside (maximum at 112.33/56 on Feb. 02 or even 111.25 on Feb. 08 ) as far
as being within this Parabolic Arc.

Nikita FX (climbingfx.jugem.jp/ )
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