USDJPY possible repeat scenario

FX:USDJPY   U.S. Dollar / Japanese Yen
32 2 2
Hi traders. Are we getting a repeat scenario of what happened last October? Then we saw a 4.4% correction down to previous structure followed by a weekly hammer . A similar situation has occured 4 weeks ago. I'll be looking for buying opportunities around the 124.45 area. Comments welcome. Thumbs up too! :)
Hi Marvin, Why would you buy around the 124.45?
Marvin SmartTradingFX
Hi. I was trying to find a spot where price might retrace to based on previous structure and this seemed a good one. It came back to 124.54 (my chart) before rising again, only to fall back lower before a bigger impulse move that I was waiting for. So I missed it. I don't like how things are looking just now for the $ so I'm staying out even if I'm tempted.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out