piphunters
Long

USDJPY: Buy opportunity once again

FX:USDJPY   U.S. Dollar/Japanese Yen
1572 9 32
The pair has broken out of a large triangle correction to the upside and currently developing a new up trend which as mentioned in earlier charts have the possibility to be huge, a break out of the current smaller degree correction which is happening now is good chance to go long.
thx for the idea. but could be too premature to call a strong move up is imminent i think. the key factor for me is to check where the price is vis a vis long term moving averages. 1.05 -1.06 might be all we will have in terms of upside. strong supply area from 1.0460 to 1.0650.
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i think is a sell sir 102.000 heading double top d1 chart
+3 Reply
Needs clear BO tho!
Cheers, and thanks for pointing this out!
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Here we go again. Just like EURGBP, short keep shorting and the bulls keep mowing.
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Very easy money here. Holding and adding here again.
(added near the low of the day in the previous daily bar)

What's your target mate?
+1 Reply
piphunters IvanLabrie
initial target around 107, yes and the weekly is looking too good.
+1 Reply
IvanLabrie PRO piphunters
Definitely, that's a sane target, I also get 110.14, let's see how it evolves.
Cheers.
+1 Reply
piphunters IvanLabrie
yap.
Reply
short. t.p 101.639
+2 Reply
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