UJ looking for pullback?
מעודכן
Long term I am bullish on USDJPY.
Short term I think it is due for a pullback.
At least three orders of wave 5's look to be done.
There was economic news about US postponing Trade War with China.
I think that is why UJ gapped up over the weekend.
This news might give USD some strength.
So this is to Observe ONLY.
Maybe on Tuesday I will consider a position.
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110.025 price in above chart is referenced to this finding:
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For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:
Short term I think it is due for a pullback.
At least three orders of wave 5's look to be done.
There was economic news about US postponing Trade War with China.
I think that is why UJ gapped up over the weekend.
This news might give USD some strength.
So this is to Observe ONLY.
Maybe on Tuesday I will consider a position.
=
110.025 price in above chart is referenced to this finding:
=
For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:
הערה
As I figured, USD is ripper strong. Will evaluate and consider adding to my longs.
Unless London does something shocking, there seems to be no stopping this train.
הערה
Pullback might have started.Not expecting much of a retrace,
but watching for something like this:
הערה
Entered a long per last pic, on pullack to previous resistance that is now looking like support 
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