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USDJPY Buy Idea
U.S. Dollar / Japanese Yen
Short
USDJPY Buy Idea
By VladimirRibakov
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Mar 28, 2018
4
Cheer
Cheer
Mar 28, 2018
D1 - Special cycle completed, we may expect a correction to happen until price reaches the 38.2 - 50% of the fibo retrace zone.
H1 - Triple cycle, once the triple cycle completes itself, we may expect a correction to happen in the form of double wave down.
We can then start looking for the buys with the breakout of the most recent trend line.
Invalidation: If the price moves lower and breaks below 104.50, then this setup is invalidated.
buy
specialcycle
Trend Analysis
Trend Line Break
triplecycle
USDJPY
VladimirRibakov
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