USDJPY EXPECTING THE NEXT BULL WAVE, POTENTIAL 150 PIPS
This is a textbook long opportunity forming on the UsdJpy chart.
I took a long with a tight 30 pip stop. Looking for a move into 111.40.
I also like it fundamentally, the USD did not fall on the back of the FED decision to postpone further rate hikes, so this shows me a relative strength in USD for the coming time.
"What cannot fall with eventually rise". Combined with this beautiful technical picture, i like my odds here.
Please take care and dont overrisk!
God bless you all.
I took a long with a tight 30 pip stop. Looking for a move into 111.40.
I also like it fundamentally, the USD did not fall on the back of the FED decision to postpone further rate hikes, so this shows me a relative strength in USD for the coming time.
"What cannot fall with eventually rise". Combined with this beautiful technical picture, i like my odds here.
Please take care and dont overrisk!
God bless you all.
