EUR/JPY after completion of wave Major-2 (Nikita FX )
This Chart shows us how EUR/JPY will be finalizing with its wave Major-2 and the next Future
upward wave (Major-3) is coming.
First of all, Big H&S breakdown target of wave Major-2 is 116.34 which is nearly same level of
these analysis target:
A: A=C ------141.05-(149.79-126.10)=117.36
B: WXY structure of Blue wave C-C------124.23-(128.22-122.55) x 1.272=117.02
C: Equal Reversal from Parallel Wolfe Line B (1343 pips above---when it made H&S Head)----
129.73 (May 23 2016)-1343 pips=116.30
After completion of wave Major-2 at these bottom zone (116.30--117.36), EUR/JPY is heading
for its upward target: 116.30 + (149.79-94.10) x Fib.150.0%=199.84 at least.
Therefore LONG for longer term, and SHORT for short/mid term
Nikita FX (climbingfx.jugem.jp/ )
upward wave (Major-3) is coming.
First of all, Big H&S breakdown target of wave Major-2 is 116.34 which is nearly same level of
these analysis target:
A: A=C ------141.05-(149.79-126.10)=117.36
B: WXY structure of Blue wave C-C------124.23-(128.22-122.55) x 1.272=117.02
C: Equal Reversal from Parallel Wolfe Line B (1343 pips above---when it made H&S Head)----
129.73 (May 23 2016)-1343 pips=116.30
After completion of wave Major-2 at these bottom zone (116.30--117.36), EUR/JPY is heading
for its upward target: 116.30 + (149.79-94.10) x Fib.150.0%=199.84 at least.
Therefore LONG for longer term, and SHORT for short/mid term
Nikita FX (climbingfx.jugem.jp/ )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.