"Buy zone between 101.90/20" by trader traderWgun — published December 03, 2013

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Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

We have now completed a 5 wave advance which correct towards the .618fib to the .50fib
before another rally

I hope it holds. :-) I've just gone long GBP/JPY - it's a quite similar situation, except for the fact that in USD/JPY there's a better swing low to the left.

entered buy zone. a=c comes in at 101.43. Low could be in place.

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