EuroMotif

USDJPY at/near a temporary top? UJ to peak at $107.5 or $108.xx?

EuroMotif Mod Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Quick plot to show the possible tops for UJ wave up.
The climb has been well controlled within Fib ratios.
We should now be nearing the end points of 2 waves.

107.48 - 107.54 is immediate resistance, might end the move.
107.82 - 107.89 should be strong resistance, causing pullback.
108.00 - 108.01 should be the extreme reach of "blow off" top.


See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

EUR.USD short call (still in play)
EUR.USD bounce plot (found last bottom)
EUR.USD short call (in time, to the Pip)
EUR.USD long call (scalp that ran hard)
EUR.USD short Call (perfect top, huge profits)
EUR.USD trend Short (the very tip-top a year ago)
USD.CAD short call (perfect entry, huge profits)
GBP.USD scalp zones (pinpoint Entries/targets)
GBP.USD dip Call (just in time, quick 70 pips)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
AUD.USD trend Short (perfect short a year ago)
XAU.USD top call (perfect long to short flip)
XAU.USD to $1367? (caught most of the spike)
XAU.USD bounce call (perfect entry, huge profits)
XAU.USD long to short (recent perfect entries)
Silver Bounce scalp (Perfect entry, still in play)
Copper Bounce call (Prefect entry, almost done)
SPX recent top (Fib extensions at work)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
Not Quite at the Top yet but feels like we are getting close. We did get a couple of really Clean "Pings" at the plotted fibs that confirms the blue fib's influence over this possible 'last' wave up. The next resistance zone should give us a good clue. Either it will reject hard or slice through it with ease, not expecting anything in between.

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Comment:
Another Resistance zone and another reaction
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Comment:
Still pushing against the second resistance band This band is starting to PRECISELY control the movements here. Lets if it rejects from the lower bound soon.

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Comment:
Since last update above, UJ broke higher. But now it is relaxing, and here is that "Line-in-Sand" at $108.026. Near perfect Ping. Even though it was previously surpassed, it is now expressing its weight. I am still confident this has topped, and that it "should" have topped at the 108.026 line the first time, but the banks wanted the stops above and to trap more longs.... Perhaps "they" are now ready to take this South-ward.

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