JohnSnowFX

UJ Stll bullish although it is in a retracement

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
UJ is in a retracement from the last impulse, now between 23.6% and 38.2 of the last impulse, it can continue the retracement to 50-61.8% and then will continue to the impulse that will go higher than the last months, to lets wait for this setup to be completed. Fibo and Elliot so support this idea

Another option is to go directly to the actual Selling zone and break it too.
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