USDJPY Another Buying Opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
16236 53 240
USDJPY             Another Buying Opportunity

FOMC is likly to increase the Rate this week.

Hence the fundamental will support USDJPY             to go higher
But Remember, Don't Chase the price.
Buy Low, Sell High.

Price has broken the channel since last time we bought
from 112 area.

If the price pulls back to 113.14 (0.618)
I will be interested to buy USDJPY             again
to catch another wave of rally.
TP1: 115.50
TP2: 118.00

Comment: waiting for FOMC meeting. hopefully it can give this long entry
Getting Closer , Watch for price action when it hit the level
Trade active: Hit 113.15, 1/3 Order Filled. will look to buy the other 2/3 when price pull back.
now is 113.45, in money for 30 pips
Will Update if there another new trade for usdjpy
To lean Jack's Full Trading System:
Weechat ID: 32114564
Strong Bearish trend..and broke the daily support 111.7 - 111.5..focus sell
@tntsunrise jack seems we hit a nice resistance at 110.750. Lets see it this is the turning mark to go long? Cheers
Come on guys, he's good at analysis but he's not a magician. You know all the risks
Jack, please, might you give us an update ? USD is dead ?
224 ILIKE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
what is the cut loss point ? 110?

price keep moving lower and lower
Now 111.5!
If you are following someone's (experts) trade ideas
You have to be patient! It takes time for price to move. Stay tuned for updates! Thank you
+4 Reply
what's wrong with your long position?
val_trader jesse8108
@jesse8108, now we we are at 112.645...
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