■Outlook of USDJPY 4h chart.
We are on sub-waves of wave ⅴ on the Upper Degree shown as Orange-line.
Sub-waves of Waveⅴ are Black-line.
Sub-wave4 ended with a throw over the acceleration channel.
probably Sub-wave5 has started.
By the way, Sub-Wave3 was 1.618 to 2.000 times more than Sub-wave1, the expansion of Wave3 was not enough.
so, the black-line waves may be an impulse where the Fifth wave(sub-wave5) extended.
Wave 4 often divides the price range of an impulse wave into the Golden ratio.
If the assumption is correct, the target of sub-wave5 will be 119.400.
Loss cut, 114.995.
Take a look at my Dec 15 and Jan 9 idea, my forecast was perfect.
■Jan.9 idea;
■Dec.15 idea;
We are on sub-waves of wave ⅴ on the Upper Degree shown as Orange-line.
Sub-waves of Waveⅴ are Black-line.
Sub-wave4 ended with a throw over the acceleration channel.
probably Sub-wave5 has started.
By the way, Sub-Wave3 was 1.618 to 2.000 times more than Sub-wave1, the expansion of Wave3 was not enough.
so, the black-line waves may be an impulse where the Fifth wave(sub-wave5) extended.
Wave 4 often divides the price range of an impulse wave into the Golden ratio.
If the assumption is correct, the target of sub-wave5 will be 119.400.
Loss cut, 114.995.
Take a look at my Dec 15 and Jan 9 idea, my forecast was perfect.
■Jan.9 idea;
■Dec.15 idea;
