Mosu
Long

USDJPY_Elliott waves and fractals applied on the weekly chart

FX:USDJPY   U.S. Dollar / Japanese Yen
66 1 5
101.50 has proven a strong support back in December 1999, December 2004 and for other 6 months in 2014.
The price action around the 200 months moving average and 200 weeks moving average shall bring even more clarity.
Considering a long position against the low of 98.70
Just a technical opinion: somewhere around 100.055 - 100.021 there is a great opportunity to go long for the next 2500 pips ... the least.
It's a great risk/ reward ratio if stop loss is placed around 99.50
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