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mytw0cents

USDJPY WEEKLY PLAN UPDATE

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
mytw0cents  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Wave Analysis USDJPY usdjpylong support_and_resistance priceactionanalysis
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trendanalysis beyondta waveanalysis usdjpy usdjpylong support_and_resistance priceactionanalysis
hi all

The USDJPY has had a good ride, breaking the double top at 132.908 and heading to resistance at 134.778, also performing a triple top pattern. So, in the best-case scenario, I'm looking for a rejection on the resistance level or a breakout.

A pullback to the previous double top appears to be an ideal time to enter the market.

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