USD/JPY Dead Cat Bounce target & wave direction (Nikita FX )

This shows an NFP Dead Cat Bounce target:117.20 will be absorbed within
Green zone and make a wedge rebound towards resistance: 119.33 area.
However this wedge rebound cannot breach the resistance and short term descending
Pink Line. Because USD/JPY had already done its Channel (since 105.18) breakdown.

Nikita FX (climbingfx.jugem.jp/ )