#JP225 4H Final Wave V Loading – Bullish Impulse Nearing CompletJapan 225 CFDFOREXCOM:JP225SmartWedgeTraderJP225 #JP225 4H Final Wave V Loading – Bullish Impulse Nearing Completion! 📈🇯🇵 Japanese Stock Index #JP225 🇯🇵 — Elliott Wave outlook on the 4-hour timeframe Is the fifth wave still in play? 🚀 One possible scenario suggests that a bullish impulsive wave has already formed through waves I–IV, with price now advancing in the final sub-waves of wave V of a larger-degree bullish structure. The current leg higher appears to be developing as wave V, potentially extending toward the 1.000–1.618 projection zone of wave I, ideally clustering around 60,124 – 62,000+ as the ultimate target for this advance. 💡 Key observations: - Wave IV has taken the form of a complex corrective pattern (W-X-Y), finding support near the 0.618 retracement and the lower channel boundary. - The breakout above the wave III high and the retest of previous resistance-turned-support reinforce the bullish momentum. 🎯 If price continues to respect the channel and breaks above recent swing highs with conviction, wave V could deliver one final push toward the projected targets before a larger-degree correction begins. ⚠️ A reversal from the upper target zone would likely initiate wave (2) or (A) of a deeper pullback, with initial downside objectives projected between 57,676 – 54,974 (0.618 retracement of the entire advance). A break below 53,577 would raise the probability of a more significant correction. 📊 Monitoring price action near the upper boundary remains essential to confirm whether wave V completes or extends further. #JP225 #Nikkei225 #Nikkei #JapanStocks #ElliottWave #BullishImpulse #SmartWedgeTrader #TradingView #WaveAnalysis #StockMarket #AsianMarkets #ToTheMoon