United States Dollar (USD) / Japanese Yen (JPY) 1D Time Frame
LONG OPPORTUNITY
AUGUST 16th UPDATE As you can see there's been a zig zag pattern since June 2015 all the way to January 2021. I have used the Elliott impulse wave 1-5 tool to help judge which way USDJPY will go up until march 2022.
I personally believe it will rise up into the bull section. I also have take profits set as stated.
I will be doing a update on this chart October 1st just to check on chart movement and also give a updated brief.
If you like my analysis and brief give it a thumbs up. If you have any questions please feel free to leave a comment below or send me a direct message.
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