USD/JPY Fib.461.8% projection of Diamond Breakout (Nikita FX)
Do you still remember my previous Chart (USD/JPY's Diamond Breakout target) ? :
tradingview.com/v/l5qY4joE/
Its projection was extended up to Fib.461.8% ! which is:
76.52 + 923 pips x Fib.461.8%=119.14 (which is exactly same as highest point of Dec.01)
In this case Wolfe upper line was also broken which is going to be a good support now.
Therefore Blue-3 wave since 100.82 completed at 119.14 and wave 4 is now going on.
The Final long-term target won't be changed:
tradingview.com/v/j04K19vq/
P.S: Blue 5 target will be Fib.500.0% (76.52 + 923 pips x Fib.500.0%=122.67)
Nikita FX (climbingfx.jugem.jp/ )
tradingview.com/v/l5qY4joE/
Its projection was extended up to Fib.461.8% ! which is:
76.52 + 923 pips x Fib.461.8%=119.14 (which is exactly same as highest point of Dec.01)
In this case Wolfe upper line was also broken which is going to be a good support now.
Therefore Blue-3 wave since 100.82 completed at 119.14 and wave 4 is now going on.
The Final long-term target won't be changed:
tradingview.com/v/j04K19vq/
P.S: Blue 5 target will be Fib.500.0% (76.52 + 923 pips x Fib.500.0%=122.67)
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.