Looking to long the UJ

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis Harmonic Patterns Wave Analysis

trendanalysis harmonicpatterns waveanalysis

Looking bath USDJPY -0.15% charts we see price have rejected a weekly support. On H4 price closed outside the channel were price was consolidating. Now we see price closed above and retested the trend line creating a flag pattern formation looking prices to reach the fibo extension levels right on the next major resistence

Godd trading

Comment:

Price close to reach the take profit right at the -0.27

snapshot

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