derekvela

One more move up???

derekvela Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Looks like UJ may have one more move up based off the elliot wave pattern. Market makers know there's money to be made if they where to push it up one more time, knowing retail traders are shorting to fill the Gap at the bottom.
Comment:
We have a potential smaller elliot wave pattern before the expected drop. Theres a buy oppourtunity with a very nice risk reward ration.

Comment:
Comment:
Sorry kept missing a piece of information, here you could see the fib levels. as prices dont go bellow the red line it's still valid for a buy. TP 112.4-112.5 area or more. depending how aggresive the move gets

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