U.S. Dollar / Japanese Yen
Long
Updated

USDJPY -- Potential falling wedge in the making?

Still very early, but will be watching....
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Good buy opp. coming up.
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Guys, i dont know why i have to say this, but buy the dips. Every time price has approached 112, it's rallied hard. until price doesnt rally higher, keep buying 112. It's not that hard...
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Will price respect the wedge or not, price will tell us...
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UJ double bottom, yet ppl will short into it. wait to short if youre a bear. Youre paying top dollar if you do now.
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Updated wedge in my comments below. Cover your shorts now, and again at 109.3. Trade it at your own risk.
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Also,..very good chance we're making a larger wedge within a wedge with the bottom at 106
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Look at the demand zones. Humans always remember a good deal. What a novel concept.
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Third time's the charm: "Let's see how strong UJ closes up. The daily candle eating all of last week's bears' lunch is not good short term for shorts."
(Pic at the bottom)
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bye bye bears for now
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"UJ is going to the center of the ear--" lol. Wait until the sell off at 112.5 to get in whichever way youre leaning.
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Epic monthly spinning top forming. I expect the body to be even smaller by EOD tmrw. I smell a reversal...

snapshot

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