USD/JPY Major-wedge breakdown scenario (Nikita FX )
USD/JPY is now on progress with the final decline of C wave in the Major-wedge Formation.
The target will be 100.50/60 (99.95 could be ? ). Then uptrend D wave into 107.00 area.
The vertical width of Major-wedge is 1019 pips, therefore its breakdown through wedge bottom
line around 2015 February (target: 96.81 ).
I think USD/JPY's next uptrend target (such as 120--135 ) will be done after all of this.
Nikita FX ( climbingfx.jugem.jp/ )
The target will be 100.50/60 (99.95 could be ? ). Then uptrend D wave into 107.00 area.
The vertical width of Major-wedge is 1019 pips, therefore its breakdown through wedge bottom
line around 2015 February (target: 96.81 ).
I think USD/JPY's next uptrend target (such as 120--135 ) will be done after all of this.
Nikita FX ( climbingfx.jugem.jp/ )