Major-5 waves correction since 1.1079 has completed with 2540 pips at 0.8539.
This 2540 pips correction was just Fib. 150.0% projection of its initial wave 1: 1693 pips !!
Its an amazing Fibonacci working !
And also wave 5 bottom was just above the Pink Line. Which means a long term bullish trend
is still alive.
Next Major-upward wave will be climbing over 1.1079 (initial target: 1.1221 ).....I hope so.
However it might be sideways due to the Blown resistance Line......
Nikita FX (climbingfx.jugem.jp/ )
This 2540 pips correction was just Fib. 150.0% projection of its initial wave 1: 1693 pips !!
Its an amazing Fibonacci working !
And also wave 5 bottom was just above the Pink Line. Which means a long term bullish trend
is still alive.
Next Major-upward wave will be climbing over 1.1079 (initial target: 1.1221 ).....I hope so.
However it might be sideways due to the Blown resistance Line......
Nikita FX (climbingfx.jugem.jp/ )