anilmangal
Long

USDJPY I am still expecting an up move.

FX:USDJPY   U.S. Dollar/Japanese Yen
7073 18 191
The UDSJPY is in a daily corrective structure, on the 4 hr             it seems like an impulse and a triangle for an up move. Let's see how it goes,, up move i am in down move I will wait for consolidation . I am expecting the up move.
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Thank you always report
+1 Reply
Me Love the Yen's Anil :)
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Thanks Anil........
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totally agree !
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The daily looks more bearish than bullish. Hourly is bearish for sure.
Monthly and Weekly are both bullish.
I will pass on this trade.
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I have been studying Ichimoku Kinnko Hyo, and based on the crossing of the Tenkan and the Kinjun below the Kumo (cloud), AND based on the SAR bullet below the candle, it looks like it IS in fact going to be a bullish move to the upside!
https://charts.mql5.com/10/541/usdjpyi-h1-tw-corp.png
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CryptoFactor bobbysims3
Ill save you a lot of time and effort...Dont bother, spent 5 years mastering Ichimoku, its not consistent enough, you need to study wave structure to have any hope.
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Well, every technical method has some plus and minuses, but i totally agree with u CryptoFactor, the wave principle (if mastered), tells u to-the-pip turning points. No guesses needed. (Y)
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Well the BoJ said they could cut again, http://uk.reuters.com/article/uk-global-forex-idUKKCN0WH00V
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Thanks Anil!
Another possible is the triangle as 4th wave.
But you said it, lets see....
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Vostiothenjo FluidicFX
Possibly coz this kind of structures commonly seen on the 4th wave
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it look expanding, though
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Thanks Anil, this should be an interesting move.
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Thanks Anil. Could it breakout to the downside and then bounce from the trend line?
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Waiting still some more. Thanks Anil.
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It's been a lo-o-ong time ago since we saw 1 USD at 100 JPY =)

Thank you for your efforts!
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Thank you for indea. Price moved from D to E
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