USD/JPY will have a possible wedge breakout target:108.10.
Then it goes a small consolidation within the upward wedge.
It will also have another bearish wedge breakdown below 96.00 which is
going to make a Right shoulder of a huge IH&S later.
And finally USD/JPY will be climbing up to IH&S target: 145.75
This is my USD/JPY long term concept.
Nikita FX (climbingfx.jugem.jp/)
Then it goes a small consolidation within the upward wedge.
It will also have another bearish wedge breakdown below 96.00 which is
going to make a Right shoulder of a huge IH&S later.
And finally USD/JPY will be climbing up to IH&S target: 145.75
This is my USD/JPY long term concept.
Nikita FX (climbingfx.jugem.jp/)