USD/JPY short-term Reversible point (Nikita FX )

This Chart shows Yellow descending Channel of USD/JPY.
If WXY starting from 121.22 and W=Y, TP 1 will be 118.04. If WXY is extended and
Y=W x 1.272, TP 2 will be 117.34

Therefore TP 1 or TP 2 will be a short term Reversible point.

Nikita FX (climbingfx.jugem.jp/ )