It seems the irregular structure a triangle in wave-4 will give us an important clue once it starts moving below 113 marks can lead to biggest fall in 2017-2018, which is even visible from Intermarket Relations- taking into consideration Nikkei Index.
From lows@98.78 - Correction was irregular flat (A)-(B) & (C) wave-which is close its end & 113 to play a very important role. 300 + pips in sideways UJ movement since 114.82 top on 30th Nov2016
Hitting the Bulls Eye-1000 points in the Nikkei Index from 18350's to 19280's as expected upside before it falls Having Key Resistance Level 20015- Going below 19000- shall be the first clue that Nikkei wants to move down
การซื้อขายยังคงดำเนินอยู่
17:41 Hrs 13th Dec2016
Last Price@115.32
Day's High@116.12
Post an impulsive move down from 116.12 to 114.74 - its consolidating so, I shall be looking for break of rising trendline & targets of 113.30-113.50 zone.
การซื้อขายยังคงดำเนินอยู่
19:00 Hrs 13th Dec2016
Last Price@115.05
There is a slight change we shall book profits in the zone 114.20-114.30 zone & shall watch the price action -if it goes below 114 & sustains down, then we shall look for 113.30 as next target else UJ could push up again that will indicate the bulls aren't giving up easily.
การซื้อขายยังคงดำเนินอยู่
20:55 Hrs 13th Dec2016
Last Price@115.30
Broken trendline acting as resistance - UJ should not move above 115.50 that is strict stops if it has to touch the targets of 114.20--114.30 first
การซื้อขายยังคงดำเนินอยู่
08:11 Hrs 14th Dec2016
Last Price@115.15
Alternate Path or Plan-B
Path shown below could be an alternate where 5th wave itself gets subdivided- currently running into 2nd wave within 5th wave which likely should complete close to 114.20-114.30 as the possible target zone shown above.
Once U.S. Fed raises interest- & UJ starts moving above 115.50 -it could zoom up to 118.50-119 where it travels 161.8% of wave -1 which topped at 116.12-that will indicate that bulls won't be giving easily.
Also 113--113.10 is an important zone for UJ on the downside.
การซื้อขายยังคงดำเนินอยู่
14:29 Hrs 14th Dec2016
Last Price@115.08
Against 115.50- Strict Upside Resistance - we can expect downside move going into close by zone of 114.30-114.50- still open
As soon as UJ crosses 115.50- key level upside -it is open for higher targets initially for 116.80-117 & above 118.90
การซื้อขายยังคงดำเนินอยู่
16:08 Hrs 14th Dec2016
Last Price@115.13
The rally from 113.12 to 116.12 will be retraced 50% in the zone 114.60-114.65 & shall be retraced 61.8% in the zone 114.05-114.25 these are likely targets before UJ resumes upside move keeping 115.50 as key short term resistance & 113.10 as key support. As any move above 115.50 shall be a strong clue that UJ wants to rally upside & targets could be 116.90-117 first & staying above 117 -can head to 118.90.
Also the downside support is 113.10 against this level, we are expecting upside targets, so 113.10 should not be breached downside.
การซื้อขายยังคงดำเนินอยู่
23:32 Hrs 14th Dec2016
Last Price@115.19
Key level is 115.50 - keep in mind if UJ goes above 115.50 -it should not move again below 115.50 & crosses 116.12 then for sure it is extending upside else going below 115- we can have target as set above 114.00-114.25 - Here also - 113.10 is the key level downside -if breached then it will indicate UJ has put the top & shall move down in coming sessions.
Downside -113.30 Key support
Upside- 115.50 key resistance
การซื้อขายยังคงดำเนินอยู่
07:20 Hrs 15th Dec2016
Last Price@117.70
At 117.70 -It travels the same distance as wave -1 in current running wave-5
220 pips -an explosive rally in UJ as expected before FED
การซื้อขายยังคงดำเนินอยู่
08:17 Hrs 16th Dec2016
Last Price@118.22
At 119.50 - 3rd wave travels 161.8%, which is likely the next target level
การซื้อขายยังคงดำเนินอยู่
10:04 Hrs 21st Dec2016
Last Price@117.51 Scenario-1 -If goes below 117.39 Looks like a 3rd wave is getting subdivided- completes internal wave-iv in the range 116.30-116.40 where it travels 61.8% of current rise from 114.70.
Scenario-2 -Going Above 118.25 - shall resume the upside move towards 119.50 marks
การซื้อขายยังคงดำเนินอยู่
21:17 Hrs 27th Dec2016
Last Price@117.58
Going above 117.90 it travels 118.60 & beyond 118.67 -it travels 119.55 where it travels 161.8% of pink wave-1
การซื้อขายยังคงดำเนินอยู่
21:26 Hrs 27th Dec2016
Last Price@117.60
Alternate Scenario- Triangle in formation & bullish against 116.55 lows intact for thrust upside to 119.50-120 zone. This happens if 118.25 is intact & UJ fails to go beyond that mark -means it wants spend some more time in a sideways move before moving higher.