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U.S. Dollar / Japanese Yen
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USDJPY long entry zones: UJ pullback watch on 15 min chart

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UJ looks due for a pullback. This is just a quick plot to watch the action.

I am expecting it will be a ''minor'' pullback because I think risk sentiment is biased long for now.
Thus I have been long for a couple of days, based on this plan :
USDJPY long idea: UJ correction done?
 But as seen in above plan, it has hit first resistance and definitely noticing it. So the question is how strong is that resistance? or more like ''how far of a pullback is needed to slingshot through it?

Note
Nice bounce on the idea buy zone (lower green) snapshot but ALAS, it only grabbed a few of my limit buys, which I like ''ladder'' within such a zone. Oh well, lets see how far these can ride, or maybe I will add on dips
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Elliott WaveFibonacciSupport and Resistance

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Elliott WaveFibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.