BudWiser
Long

USDJPY possible 150 Pip move up

FX:USDJPY   U.S. Dollar/Japanese Yen
Fundamentally I have the USDJPY             valued at 115-118. that's a conservative valuation and also a short term valuation. I think the USDJPY             will consolidate at this level until the newyear and be somewhat range bound comparative to the GBPUSD             .

technically:
I have a bearish bat forming at what I have the termination of wave 3 from my EW analysis. This also lines up with my time and price analysis.

I am long until about 115.20 where I think it will retrace slightly until a push to the upper 115 range and then consolidate.

This is just my humble forecast and we will see if I'm somewhat right. I'm not stuck to this in any way and will always trade the right side of the chart based off of price action!!!!
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out