Fibtree
Long

DiNapoli Analysis on USDJPY this week, 2 Scenarios, min 400Pips

FX:USDJPY   U.S. Dollar/Japanese Yen
9 months ago
Hey folks,

This is my take on USD/JPY            
The Signals I show here, like the Bread and Butter (also called "The Single Penetration) are defined and can be expected and traded when you know what to look for!

Fundameltally I expect stocks to rise a bit this week(UK deal relief and other reasons) and this will help to play out the Scenario I show here. In fact I will go so far and claim that the only way for USD/JPY             to make a sustained move below the low at 111 is a war starting this week!!

Further please visit my Twitter and check the post I pinned there on 2nd February about stocks and Yen!! (Yen was at 120.5 that day). Although I admit I only rode it down to 115, and then lost some money by beting against a further fall there...
Here is a link to the post: https://twitter.com/xSheltemx/status/694661865553686528

Below I will post a chart from my Platform where you can see that the Daily and Monthly OB/OS are really there where I show them!!
9 months ago
Comment: Here my Platform charts with the real Overbought and Oversold from the Oscillator Predictor.

2 pictures

https://twitter.com/xSheltemx/status/701434610392109056
9 months ago
Trade active: Scenario 1 it seems like, move has started, it could get a hard way but the ultimate goal is 116
9 months ago
Comment: We have just gotten a Bullish Stop Grabber on 1h chart. If you were looking for a place to enter this trade, right now at 113.1 would be one

Enjoy
9 months ago
Comment: This is it right now, upmove is starting
9 months ago
Trade active: Scenario 2 is in Play now, target is still 116

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