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wedidmakepipsbro

USDJPY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
wedidmakepipsbro Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
5
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trendanalysis chartpattern waveanalysis
Hi there fellow traders! USDJPY is looking pretty bullish for me. We have a third bonce off our (support) trend line as a shooting star. This comes in at our 78.6% fib level. I believe that the market is creating an ascending triangle and price is to go higher at this point. Let's see how it goes.
Comment:
Although market still pulled down, I am still very bullish on this pair. We may have a falling wedge forming on the 4h Chart for another opportunity to go long.

snapshot
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