Doctor_Profit
Short

USDJPY - THE BIG BUY IS COMING BUT FOR NOW WE LOOK FOR SELLS

FX:USDJPY   U.S. Dollar / Japanese Yen
We are currently in a sideways movement on USDJPY . A Running Flat Pattern looks to be the highest probability setup. However, it could become expanded. Look for buys until the reversal pattern presents itself for another move down. WE ARE WAITING FOR A BIG BUY to present itself at the end of the first quarter of this year. DONT MISS IT!
Comment: We are looking for more upside on this pair. It should continue correcting for the remainder of today before giving us some upside during the week.

Comment: We have seen an impulsive move to break the current pattern we were getting. Wait for a lower timeframe sideways correction before buying back to the top.

Comment: We Broke out of our structure. We could be getting an early reversal or the start of a Corrective Pattern. Lets wait and see which we get

Comment: We seem to be getting a bigger correction before another move up.
Wait for a break of the trendline to buy this pair.

I fully agree with your analysis.
Reply
@Jamal92, Great! We should see a move up Between Tuesday and Wednesday of this week.
Reply
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