anilmangal
Long

USDJPY 60 mins buy setup

FX:USDJPY   U.S. Dollar/Japanese Yen
3947 13 200
The USDJPY             is in a consolidation buying the breakout is a good idea , if it retraces to the trend line buying the bounce is good idea too.

I will be posting more updates as it develops .
Comment: about to break
snapshot
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JS: USDJPY currently at wave 4 running flat correction. We might see a retracement from previous low.
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I wonder, is the bulish move up to 124.5 still valid?
Thanks for your time...
+1 Reply
anilmangal PRO sketchmaster
Not likely, just broke the top are reverse. Let's see if it breaks the up trend and give a sell setup
+3 Reply
Thank you
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This chart was spot on. So good.
+1 Reply
That looks solid. Thank you anilmangal.
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Very nice. This one will have been worth the wait.
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anil on the break on this chart on the hr time frame what will be stop loss previous low ....
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I will be shorting after the next impulse up at around 124.20. Thanks for the chart.
USDJPY, Set Up
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Then eurusd drop down?
+1 Reply
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