zarMan

usdjpy scribbled idea

FX:USDJPY   U.S. Dollar/Japanese Yen
250 3 15
big picture is to the upside after long-term consolidation
Comment: so far so good. It looks like a bullish week on this pair next week from 3 to 4.
Comment: Preparing for a little retracement midweek from 4 to 5. Moment of truth is looming. Big breakout is around the corner.
Comment: 4 to 5 complete. Now closer to break point. Up or down? It might be to the downside to allow the YEN crosses like CADJPY to trade even lower. Best to put orders on both sides and carefully monitor.
I like how you capture value areas signifying balanced times
+2 Reply
GREAD................
+1 Reply
4 to 5 complete. Now closer to break point. Up or down? It might be to the downside to allow the YEN crosses like CADJPY to trade even lower. Best to put orders on both sides and carefully monitor.
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