USD/JPY Fractal Top Out on Dec. 05 (Nikita FX )
2005.Dec. 05's Top:121.38 & consecutive Decline to 108.96 will have Fractal Top Out
relationship with 121.84 of Dec.05 this year.
Their starting points & total upward wave length are alomost the same. Therefore I would
say that USD/JPY had already started 5 months-long Declining Phase. It would be able to
reach 108.96--109.40 at maximum.
The last A Phase was happened even Yen Carry-trading session.
Mid-term view is SHORT & long-term view is LONG.
Nikita FX (climbingfx.jugem.jp/ )
relationship with 121.84 of Dec.05 this year.
Their starting points & total upward wave length are alomost the same. Therefore I would
say that USD/JPY had already started 5 months-long Declining Phase. It would be able to
reach 108.96--109.40 at maximum.
The last A Phase was happened even Yen Carry-trading session.
Mid-term view is SHORT & long-term view is LONG.
Nikita FX (climbingfx.jugem.jp/ )
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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.