FX:USDJPY   U.S. Dollar / Japanese Yen
688 5 22
Looking for buy. Target near 108 area.
Comment: Waiting for another long from the inflection zone.
Trade active: Added on dip.
Comment: Here's good reaction in inflection zone.
Comment: Added on dip
Comment: It started
Comment: Booked profit. Waiting retracement.
Comment: Should see buyers near 100.234
Comment: Looking for buying near 99.829
Comment: Nice reaction here
Comment: Booked profit, waiting retracement
Comment: It also can be like this
Trade active:
Comment: Took profit, waiting correction.
Comment: Pound and Dollar is overbought. Waiting a bounce on Yen.
Trade closed: target reached: Maybe we will see another wave up after pull-back.

Related Ideas

There might be monthly resistance at around 106.5 - do you think it´s breaking through ?
Gorbie Subjugal
@Subjugal, I don't know about some resistances, cause it's not the method which I've used. Definitely on your chart shown right waves counting and the turning zone
Subjugal Gorbie
@Gorbie, thanks for your answer. I mentioned the resistance area cause there might be a short retracement. In monthly timeframe that seems quite obvious to me so it might go lower before raise. This could mean, that the spike down might be still wave 3 and wave 4 and 5 still be ahead. But I agree with your sight. The wave structure is tremendous convincing :-)
what entry are u looking at?
Gorbie TucKinetti
Need more oscillations for make decision. Good area for entry is 99.5—100.
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