USD/JPY Fib.461.8% projection of Diamond Breakout (Nikita FX)
Do you still remember my previous Chart (USD/JPY's Diamond Breakout target) ? :
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:
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/ )
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:
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/ )