U.S. Dollar / Japanese YenUpdated USDJPY reached important action point
These days we kissed the Niveau of the last top. This is an Action Point where a decision should be made.
-Trading above this Level (104,5) could initiate the next upwave with tp 106.5-107 (last significant top and ema 200). If the Price could trade sustainable above that Level, we could interprete this pattern as a bottom.
-Staying below that Level would increase the risk to start the next downwave with tp 99-100. Especially trading below 102.5 can be seen as the next cyclical downtrigger.
-Trading below the Strong Support Cluster would be ugly and could initiate a mini-selloff
-Trading above this Level (104,5) could initiate the next upwave with tp 106.5-107 (last significant top and ema 200). If the Price could trade sustainable above that Level, we could interprete this pattern as a bottom.
-Staying below that Level would increase the risk to start the next downwave with tp 99-100. Especially trading below 102.5 can be seen as the next cyclical downtrigger.
-Trading below the Strong Support Cluster would be ugly and could initiate a mini-selloff
Note
Note
YES!!! Note
Trading above 104.85 should initiate the next long wave Note
yihaa Trade closed: target reached
yihaaa Note
that`s really awesome 
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