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U.S. Dollar / Japanese Yen
Short

USDJPY: long term

By pcnafi
Updated
The direction is based on pure technical here. The market is in a possible corrective structure in higher TF for more downside and this down wave of this structure got more down as long as it's below 152.016, even if the market breaks the previous high it will come back down also it will change the levels

Levels:
  • 136.688
  • 132.688


    There's a chance to break level 127.229, before that, we need to see how it is going to react on the way down USDJPY MASS PSYCHOLOGY, REVERSAL, WAVES
    As always market wins
Note
we might experience a lil more upside as an ending structure and wait till a perfect sell setup, don't expect big moves to the upside just small turtle move to take the tops and bring a shake for both sides
Beyond Technical AnalysisWave Analysis
pcnafi

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