Wave-Trader
Long

USDJPY Let The Price Sit at The Bottom First

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi there, USDJPY             is getting back to bottom.

If you are following me on USDJPY             since last year you know what to do next.

Watch bottom for reversal. There is no sign on current price it can keep pushing for downside up to the previous low.

Once orice hit the bottom watch for long. We still have some room for downside. So patience is required.
Comment: Time to watch for price action
Comment:
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Nice chart... this is my view on 15min for that bottom area at -0.618
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Wave-Trader DanielParra99
@DanielParra99, yup nice
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I Realy enjoy this trade simple and easy wave understanding, am getting ready for buy now..thank you very much, wave king. please keep posting
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Will you be updating this post when you'd be opening this trade? I find it hard to determine at what point you can say with some confidence that a bear market has turned into bull. Would greatly appreciate if you could make continuous comments as the price develops. Keep up. Looks great
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Tf week invers h&s Target 120
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Yeah you may be right but it's like 100ish pips from bottom, wouldn't be better to place a short for now?
+1 Reply
thanks for sharing. Is there any chance that bottom could be 109 instead 107?
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Thnx sensei
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Amazing, sir.
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