IamJeanPaul
Long

USDJPY EXPECTING THE NEXT BULL WAVE, POTENTIAL 150 PIPS

FX:USDJPY   US-Dollar / Japanischer Yen
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 am taking here my profits at 110.65, there might be further upside, but i am happy with those pips.
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Also keep an eye on the 200 DMA on the UJ it comes in around 111.30.
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Moving my stop to breakeven and letting the market do its thing for the time coming.
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