Caipora

USDJPY 09AUG17 Details

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
4H UTC chart shows waves targeting 109.38
This time I will try to predict the time, and I think tomorrow, AUG10 at 12h00 UTC price will be intersecting with weekly trendline @ 109.48. From there a 4th wave up to 110.94 will be expected and then down again to target.
Lets see if works.
Note: 109.39 point cited on previous studies still valid, however is a Quarter support, so I expect next quarter support there. Until there price could dance around.


Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly.

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