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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out