piphunters
Long

USDJPY: Simple long setup

FX:USDJPY   U.S. Dollar / Japanese Yen
1183 4 28
The pair is in a new uptrend and a break out of the current smaller degree correction is a buying opportunity.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.
Long term 100 level seems like a support and I agree it looks like we are headed for a new uptrend (weekly interval). However on lower time intervals (1W, 1D) it's overbought and it looks like an inminent correction.
Reply
it looks to me same formation mate
Reply
Wave-Trader Wave-Trader
here is the old one
Reply
Wave-Trader Wave-Trader
here is the old one
Reply
piphunters Wave-Trader
thanks
Reply
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
AR العربية
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