


nikitafx
USD/JPY is now going on with a short-term bearish rising wedge which will hit a target 102.01 at maximum ( It will be a second False breakout from the blue line since 104.12). I think USD/JPY will plunge into 100 low area on/after June 05/06 event. Nikita FX (climbingfx.jugem.jp )
USD/JPY had already breakdown through its 4th successful attempt. Present rebound means temporary rejection against H&S neckline, but not its 4th attempt. RS(Right Shoulder ) is the point of B-sub-E top since 105.44. And now C-sub-3-3 wave is progressing. Its declining speed will be fast and the longest within wave C. Nikita FX (climbingfx.jugem.jp )
GBP/USD's 4-E portion had already breakdown through its long term uptrend channel support line. Its initial target will be at 1.6252. However it means starting of Final Wave 5 which will reach far down into 1.3500 area later. Nikita FX (climbingfx.jugem.jp )
GBP/USD had finished its long term 4-E correction and now is going on Wave 5 already. This Wave 4 had a big potentiality of moving up over 1.7042 however it failed. I will show you ( chart Part 2 ) of 4-E portion later. Its breakdown target will be 1.3641 at least. Nikita FX ( climbingfx.jugem.jp )
I think NZD/USD has one more leg down into 0.8432/34 support area. Then it will move up as final C-sub-C wave. If C=A, it will ascend into 0.8912 area later. Nikita FX ( climbingfx.jugem.jp )
EUR/JPY is going on Fib. circle reversal & Double Top breakdown target which will be at 136.45 Its reversal target will be below 139.95 which was Double Top neckline and it will plunge into 136.45 around June 24/25. Nikita FX ( climbingfx.jugem.jp )
EUR/USD is now forming wedge Formation which might be able to push up to Fib.50% of wedge beginning vertical width :1.3750 area. Then it will have a downward risk down to 1.3405 area. Nikita FX ( climbingfx.jugem.jp )
USD/JPY is now under two ways of reversal. one is up to the ex-trend-line. the other one is more bullish (expanded Flat pattern) Nikita FX (climbingfx.jugem.jp )
EUR/JPY had a Double Top with its wave B top formation. Then it has already been breakdown with the neckline: 138.66 Target will be at 133.55 area. Nikita FX ( climbingfx.jugem.jp )
EUR/JPY had already breakdown 842 pips triangle. The target will be 133.20. Right now it is on the purple critical long term trendline, so it may be up to 140.00 area again. Then EUR/JPY will plunge into far downward area. Nikita FX ( climbingfx.jugem.jp )
USD/JPY is now progressing with H&S breakdown which target is 98.60. It is the first breakdown signal since 100.75. USD/JPY is now below the blue parallel channel bottom line. Therefore it may retrace up to the blue parallel channel bottom line (101.87). If it will break through the line, I think it will reach LS & RS line (103.05) again. If not, it will plunge...
I think EUR/USD is also just in a triangle termination. Its wave C-sub-c has already started heading for downside if the critical point; 1.3887 won't be broken. The filling Gap Down was a bearish pattern, I think in this case. However there is one more scenario because US 10 year treasury note suggests its H&S downward target, so USD/JPY has started plunging...
GBP/JPY looks like a False breakdown due to its first indication of triangle breakout, however the true wave breakout line is 173.13. As far as being below 173.13, it is still wave B--E and will be plunging into wave C. If not, we will buy its true wave breakout. Even that we should recognize it will be upto Double Top level only. Nikita FX ( climbingfx.jugem.jp )
EUR/JPY might have its triangle termination within 89 Days ( Mersenne number ) since 145.69 (Dec. 27 ). Termination point will be at 142.27 ( May. 02). Since Dec. 27 EUR/JPY has been keeping 73.26% below 142.27 (daily candle basis ). Therefore as far as being below 142.27 at the point of termination, it will be plunging into wave C Nikita FX ( climbingfx.jugem.jp )
USD/JPY is still on wave B-E-c from 105.44 or maybe in a possible Diagonal expanded descending correction of starting wave C already. In the case of wave B-E-c , it will reach at 103.05. If not, it will breakdown through megaphone green bottom line soon. Nikita FX ( climbingfx.jugem.jp )
I think Nikkei 225 will have its Final wave 5 uptrend if Wolfe line breakdown target will be supported above 11408.10. Wave 5 target will be Fib. 61.8% of wave 3 + bottom of wave 4 which is 16572.13. Nikita FX ( climbingfx.jugem.jp )
Nikkei 225 has already done its breakdown through 2nd Wolfe line (Q ) which was faster than USD/JPY. Two parallel Wolfe lines has 2735.85 in width, therefore descending target will be at 11514.15. Nikita FX ( climbingfx.jugem.jp )
USD/JPY is now final call of wave C descending. Its wave B-sub-E has just finished at exactly Fib.50% retracement of wave B-sub-D. It's a typical Diagonal (I would say parallel ) E wave. Therefore wave C target will be 99.973. Nikita FX ( climbingfx.jugem.jp )