USDJPY: Buy opportunity once again

FX:USDJPY   U.S. Dollar / Japanese Yen
1595 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.
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!
Here we go again. Just like EURGBP, short keep shorting and the bulls keep mowing.
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 piphunters
Definitely, that's a sane target, I also get 110.14, let's see how it evolves.
+1 Reply
piphunters IvanLabrie
short. t.p 101.639
+2 Reply
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