DoubleBomb

Ichimoku projection targets

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FX:USDJPY   USA-dollar/Japansk yen
Now that Monday trading has gotten underway an N Wave structure to the bull side has presented itself in the daily time frame. I've added some targets I believe price will get to before i recalculate/analysis where it's headed next.

V and N Wave targets seem to be our likely turning points as it lines up nicely with a flat Kijun and a close resistance point back on the 18 July 2018. I've also added a E Wave calculation but i'll reassess when we pass the first two targets.
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This is what we are looking at on the 4hr time frame. Ichimoku has 3,5,7,9 wave counts as considered reversal points we are on a possible 7 count and a 33 ichimoku number (another considered turning point).

As long as the wave structure holds to the bulls side are targets remain. Again N Wave and V Wave have some past price action to add to its target analysis.

The daily targets still stand but the shorter the time frame the shorter the targets. I always start at the top and work my way back taking small profits as we reach our higher time frame targets.
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I haven't calculated any wave targets as we are at a extreme point in wave longevity. 9 count is considered our max before we start to see a reversal. Also Ichimoku number 42 is also in playand we are starting to see price starting react.

I'm excited to see how this plays out, we could see a break of the Kumo.
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