Fxprotrader
Long

USDJPY: It Doesn't Get Any Better Than That...

FX:USDJPY   U.S. Dollar/Japanese Yen
Price has been rejected from the lower parallel of a upsloping median line with an active slope at a level where we also have a fibonacci cluster ( 0.618 retracement of previous upmove and ab=cd ) and previous structure. I believe we have more than enough to go long at current level with sl and tp as shown at the chart.
Comment: Price has retraced a little further and is now testing the slide parallel of the median line. For those who trade harmonics we have a bullish cypher completion at the parallel. You may still go long..!
snapshot
Bullish Crab in place
USDJPY 1H Chart.Bullish Crab Pattern

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Fxprotrader ChrisMark
Thanks for sharing :)
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Interesting idea. I actually shorted this at 104.18, based on my flimsy newbie analysis, before going to sleep and reached my target of 50pips while sleeping, not much better way to make money than while sleeping :)
Now looking to re-enter long or short. This is definitely interesting pair to trade.
Good luck.
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Fxprotrader kamoflaaz
Well done..! Let's see what happens next..
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Great analysis, I would keep an eye on this structure:
USD/JPY - Bullish 5-0
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Fxprotrader LewisGlasgow
Thanks for sharing :)
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news isnt favoring any of these anylisis
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Fxprotrader ishmaelosekre
I don't trade the news..
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