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Wei_Xia
Dec 9, 2019 4:26 AM

USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

Based on Wave combined with some rules. Currently I would prefer this version of analysis, more detail of other alternatives (most of which are not reasonable based on both rule and logic) will be added in comments.

Comment

Trade Idea: Since the price will take time and climb up, not in a pushing way. It's preferred to enter a call vertical spread to reduce the time decay, or even sell a put when volatility is favorable. And the peak time would mostly likely to be after June,2020. Another way is to choose a retrace area enter a long spot position. The interest rate is now positive.

Comment

Estimated price to start rally middle of this year, at least after 1st quarter. Wait for comfirmation
Comments
Saeed966
Good job

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