USDJPY 60 mins buy setup

FX:USDJPY   U.S. Dollar / Japanese Yen
3948 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
Training : add to skype mangal457
JS: USDJPY currently at wave 4 running flat correction. We might see a retracement from previous low.
I wonder, is the bulish move up to 124.5 still valid?
Thanks for your time...
+1 Reply
anilmangal 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
sketchmaster anilmangal
Thank you
This chart was spot on. So good.
+1 Reply
That looks solid. Thank you anilmangal.
Very nice. This one will have been worth the wait.
anil on the break on this chart on the hr time frame what will be stop loss previous low ....
I will be shorting after the next impulse up at around 124.20. Thanks for the chart.
Then eurusd drop down?
+1 Reply
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