bumxu

A possible long term (end of year) buy plan for USDJPY

Long
bumxu Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
From mid-2012 we can notice a pretty good channeled and regular trend in USDJPY (the losses in second section seem to be punctual), from my point of view, from now to November first days we will be able to see if trends continues or if, in contrast, trend breaks.
In the first case we can foresee the next steps with an interesting profit and a not too high risk.

Opinions are very welcome, I hope it was useful.
Order cancelled:
Trend channel is broken.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.