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thillygoosth
Feb 16, 2018 1:16 PM

USD/JPY buy Long

USD/JPYOANDA

Description

I've been in the UJ buy. It hit my fib extension for the pattern I have been looking for. But if UJ was to break to downside, when I measure out both its wave patterns down it could possibly have an extension down to 104.00 level. But regardless, I will continue buying and holding for the long term. The 7 swing would come up from here. Use risk management. I see two possible patterns, so either from here or from 104.00. But from this area seems likely.
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