USDJPY: Bullish TCT Before the Potential Bearish Bat Formation

FX:USDJPY   U.S. Dollar / Japanese Yen
We finally violated our "B" leg level on structure on the USDJPY             which now causes me to predict that we'll see a continuation higher. With every violation of structure, the first thing I look for is a pullback back into and an opportunity to get involved in the next extension higher. That's exactly what we'll be watching on the USDJPY             today during our Live Trading Session.
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Hello Akil

For a double target execution stratgey:

First Position:
Could I buy in at the 104.310 and sell that at the 160.00 (my attacking formula would be head & shoulders for the breakout Bullish)

Second Postion
Sell position at 160.0 (with a slight front run) and chase that bearish tend line which first position to sell 104.310 and Second sales target at 130.00

just a trading idea and yes I'm extremely new to Forex game....But does any of this sound like I'm on the right path.......? Nevertheless, Keep up with the good work; Jason, You, And the Rest of the Trade Empower Team. Respect!!
+1 Reply
Akil_Stokes filipino_casino
Thanks, the cool thing about trading is that it provides us the opportunity to trade however we want. So yes you can certainly trade that way. Just make sure your strategy has been tested and proven to have a positive expectancy

Almost have the same levels
+1 Reply
Akil_Stokes BambooGrowth
Thanks for sharing your views!
Hi Akil,

Greetings from Malaysia. I have been following you and JS for many years now. Your free video lesson was truly game changing for me. here I share my thought on the pattern I manage to spot for USD/JPY.

+1 Reply
Thanks for being a support for all of these years and for sharing your idea
I have seen an "almost" complete 5 wave. If extension happens, it can reach 106.500.
+1 Reply
Dinkan Dinkan
else, retrace
Nice, thanks for sharing your views
thanks for sharing your idea about UJ. if you have any analysis for gold its a pleasure to see your idea. thanks. pooya,
+1 Reply
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