IvanLabrie
Long

USDJPY: No brainer buy

FX:USDJPY   U.S. Dollar/Japanese Yen
663 15 25
USDJPY             testing the vixfix spike support, where smart money drove price up after a panic drop.
Rgmov is in an uptrend, this might be a large rally!
Buying here, stop at the downtrend signal target, matches 1 atr nicely.
Props to Nick Coulby for showing me the setup.
Good luck!
Long term im also bullish but not now, i would buy lower near the trendline supports
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Options expiration will make it fly with these.
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IvanLabrie PRO IvanLabrie
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123.352 might be 'the' low.
@FullTimeTrader: time/proportionality is off per neowave rules. I think this is a giant diametric pattern (not using traditional EW myself)
Similar projection though.
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2 days left, options expiration/lockout next.
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IvanLabrie PRO IvanLabrie
This last image has the correct EMA settings...price above 66 period EMA. (1 quarter)
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FullTimeTrader IvanLabrie
Thanks for the information,i will be prepared to close my short positions and look for longs depending on price action. Regards.
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IvanLabrie PRO FullTimeTrader
Thanks for the comments!
I'm not seeing this as an abc, hence my strategy. There's a pending monthly uptrend target as per time at mode.
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