I recognized USD/JPY started ascending up to 125.86 with its IH&S since 75.32 for the first time.
Then I found this type of big IH&S would be breakout very soon.
There is Daily Cloud Distortion on Jan.02 2018. So If it would be breakout on that day, its IH&S target will be
113.78 + 2240 pips=136.18
I would say Larger wave 5 will be ending at this 136.18 and next Mega WXY wave is coming.
Mega wave Y is going to be at 162 level.
Then I found this type of big IH&S would be breakout very soon.
There is Daily Cloud Distortion on Jan.02 2018. So If it would be breakout on that day, its IH&S target will be
113.78 + 2240 pips=136.18
I would say Larger wave 5 will be ending at this 136.18 and next Mega WXY wave is coming.
Mega wave Y is going to be at 162 level.