Midterm long opportunity would be just around the corner

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

Chart Patterns Wave Analysis USDJPY

chartpattern waveanalysis usdjpy

USDJPY after breaking the weekly trend line did very deep pull back and broke the low. It almost touched the weekly trend line again and after a 4H confirmation flag we may find a BUY opportunity. Wait for the sharp move up and then a 4h flag before any BUY

Comment:

Watch the strong break out then look for BUY

snapshot

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