nmike
Long

USD JPY update (daily)

FX:USDJPY   U.S. Dollar/Japanese Yen
1561 3 12
After the 2 previous successful CLONING predictions,
USD/JPY  daily (update)
&
USD / JPY daily
, let's see if this one will work out. The top of CLONE 2 and top of CLONE 3 align almost perfectly with the 2 key resistances, that means it's highly likely that USD JPY will reach those targets.. After a retest to bottom of CLONE 2 USD JPY is close to hitting the next near term target at key resistance1 and or top of CLONE 2. Bottom of CLONE 2 is now key support. I'm using Fisher (300) above / below mid-point as a general trend indicator.

Related Ideas

nmike MOD
3 years ago
.....CLONE HIT
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nmike MOD
3 years ago
>>> long term trend is still bullish, but it's always a good idea to take some profit at KEY resistance / support levels and breaches of CLONE boundaries.
snapshot
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nmike MOD
3 years ago
....... the long term Fisher 300 stayed positive (above mid point) since publishing this chart, weekly candle stick price action is showing bullish upside momentum.
snapshot
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