Wave-Trader
Long

USDJPY Watch bottom for Impulse

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi everyone, USDJPY             is falling hard currently but we are having still the bigger correction on. Break below the Previous low has not change the bigger corrective pattern. Currently we are still in the previous bearish trend . For reversal watch impulse on lower time frame. Remember buying without valid impulse will carry risk. Because previous trend has not completed yet we are still in bearish trend so buy only then when you see the impulse. USDJPY             has a huge potential for longer run.So watch for buy.

I will try my best to update this idea.

Good Luck.
Comment: Watch double bottom
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Thanks a lot
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UJ is always a harder pair for me.
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i see it short thats my view dont u think dollar is week ?
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I wouldn't stay in this trade for to long. After long horizontal, range movement this pair looks predictable but i am not so confident because of it. I took small long position but will TP at first minor resistance around 107.5. Overall USD seems week these days
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So ... finally we shall move north.
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justshortcut Mannnassser
@Mannnassser, why finally we you waiting for long :) ?
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Mannnassser justshortcut
@justshortcut, yes for a good potential trade if you like to join
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justshortcut Mannnassser
@Mannnassser, dollar index so how ?
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Mannnassser justshortcut
@justshortcut, its setting for reversal and waiting for remarkable signs to go north. Your charts are old somehow.
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