Caipora

USDJPY 26SET2016 UPDATE Be aware of 101.032 level

FX:USDJPY   U.S. Dollar/Japanese Yen
351 0 13
Same target, no change.
Just an alternative way to reach target 99.372.
Since last Friday they are trying to close beyond 101.032.
The reason is that this point also converge with target, so they can use it as an impulse down.
But, if any one of the days of this next week will close above this point, then that convergence will fail.
In sum, be aware as they can go direct from here to target.
Please check my other idea a few days ago to understand better this update. Link below.
Good luck.


General Notes
These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately because server is not sync with UTC.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
Also those points are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence.
Of course this is a personal and original idea and not bulletproof, so don't blame me if it doesn't work. :-)

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