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USDJPY POSSIBLE LONG POSSITON

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Scalplordfx  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis priceaction
2
0
trendanalysis chartpattern waveanalysis priceaction
USDJPY CORRECTING AFTER A BIG IMPULSIVE MOVE DOWN, AND SEEMS TO BE FORMING A BIGGER CORRECTIVE STRUCTURE (WXY).

AFTER WAVE (X) WAS COMPLETED WE SEE IT MOVING TOWARDS THE UPSIDE IMPULSIVLY AND FORMED A BIGGER CORECTION TOWARD THE TRENDLINE AND THE BREAK OF THE CORRECTIVE STRUCTURE WILL GIVE US A BUY SIGNAL.

OUR TARGET WOULD BE WAVE (Y) UPPER TRENDLINE
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