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Uj

USD/JPY Monthly/Weekly 7 swing WXYI am showing you this illustration to try and point out the bigger picture. A "B" wave is a 3 wave move. So far UJ has completed a 7 swing wxy for a "B" wave can be on the way up long term for a "C" wave (On both time frames). The only question is, will we get an "X" and a "Z" added to the swing pattern? That would mean we get a triple combo (which is rare) if UJ went down, but structurally the pattern has to finish out so even if it goes down, it should need to come back up to complete "C". Keep in mind, a "C" wave is a 5 wave, that has the possibility of correcting itself and becoming a reversal for a 5 wave of a larger degree. Will this help you trade it this week? Maybe not. But at least it might peak your interest into learning wave theory so that it can. (I don't teach it by the way) just sharing a chart.
by thillygoosth
USDJPY. Update of November chart. Target 118.60-125.00Back in November 2017 I posted the idea titled "USDJPY. Possible wave count. SeeSaw" (see related). The price was shaping the junction of wave B of ABC correction, which still emerges in this pair. Last update was done this February where I showed the possible area of wave B completion around 104.25. The price reached 104.60 area and reversed. I post this update as price broke out of the downtrend wave B around 112 level and now we can see how wave C emerges. It could be fast as it should be for wave C. Now you can check the power of the trends as I added white uptrend to show you where wave C could hit being equal to wave A. It was marked as target 2 at the 125 level - amazing gain it could bring us. This level corresponds with a multi-year top. Before that there is a target 1 at the 118.60 level as here is a former top of wave A, which could be a strong barrier for the up move. Invalidation is below 108.10
Long
by aibek
USDJPY New Swing OpportunityUSDJPY Waiting for sell signal too enter shorts targeting 106 Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
Short
by UnknownUnicorn1372988