USD/JPY looks like a completion of total 5 waves (Nikita FX)
117.64--117.918 (max.) will be the Top of USD/JPY since 105.186.
I would say Major-(B) will be coming soon.
However if 117.918 will be breached it means wave 5-extension. In that case,
115.444 + wave 3 x Fib.61.8%=121.17 will be a target. (Before reaching 121.17,
Fib.38.2% ret. as wave 5-sub-2: 116.84 level is needed)
Nikita FX (climbingfx.jugem.jp/ )
I would say Major-(B) will be coming soon.
However if 117.918 will be breached it means wave 5-extension. In that case,
115.444 + wave 3 x Fib.61.8%=121.17 will be a target. (Before reaching 121.17,
Fib.38.2% ret. as wave 5-sub-2: 116.84 level is needed)
Nikita FX (climbingfx.jugem.jp/ )
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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.