USDJPY - Bullish Impulse - Minor C

Aggiornato
USDJPY is preparing to shoot on the up-side, with a Bullish Impulse, ahead of the FOMC (FED).

Expected swing: Minor C (white), of Intermediate (B) (red) completion.

A spike in the Dollar would be expected on the FOMC Press Conference.

USDJPY Tech. Analysis:

* Elliott Wave: Intermediate (A) (red) complete
* Fibonacci Extension Confluence (Minors A-B-C (red))
* Minor B (white) Double Bottom
* Harmonic Pattern: Bullish Cypher
* Bullish Divergence
* 88.6% Fibonacci Retracement

USDJPY Trading Signal:

* Entry @ 134.150
* SL @ 131.00 & 126.000
* TP1 @ 145.00
* TP2 @ 149.855

* Buy Stop Level @ 138.00
* Aggressive Entry @ Market Price
* Conservative Entry @ 133.10

*Safety Measure: when in the green, moving SL to BE.

Many pips ahead!

Richard, the Wave Jedi.
Trade attivo
istantanea
Nota
Minor C (white) has started.

Looking for a deeper retracement with a 61.8% Fibonacci Retracement.

Then I will be able to add longs.

istantanea
Trade attivo
Harmonic is in fact a Bullish Shark for USDJPY.
Revised the Wave Count with a Double Three in Minor B (white).

istantanea
Nota
USDJPY must shoot from here, otherwise the set-up will take a loss.

istantanea
Nota
USDJPY still has a chance to go up from here, but it better do it fast, because it's starting to invalidate the bull with each lower low... Not the best set-up...

istantanea
Nota
Last chance for this to go up.

istantanea
Nota
I updated the USDJPY wave count favoring a Diagonal.

istantanea

Read the reply to Afsars for the reason.

I am still looking for a LONG until further notice.
Nota
Each move up slowly and steadily invalidates the 5th in the Diagonal.

NFP today!

istantanea
Nota
An Ending Diagonal's purpose is ... to end.

istantanea
Bullish DivergenceCypherDemand ZonedollaryenElliott WaveFibonacciUSDJPYusdjpylongusdjpytradingsignal

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