This is the USDJPY updated chart ------------------------------------------------------ Where we are:
Price has fallen steadily to reverse near 106 levels. (Refer to the attached previous chart set ups)
Moderate uptrend should see a leg to 118 - 115 region before pulling back lower to 106 - 102 region
Ideally, buy orders near 100 with an aim to hold for quarters will be a good play.
Long term - 6+ months, USDJPY should be eventually breaking out above 123 targeting 134.6. This is a long term set up so position management will be key.
Komen
aibek
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Hi, thanks for this Interesting perspective on monthly TF. Cup & Handle pattern...
justatrader
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Cheers! Yea, it a long term chart.. A bit more downside in store before prices start to move into a long term uptrend.
ChatchaiVong
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please , update again , thank so much
apollo12
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ChatchaiVong
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please , show chat TF H4 and TF D1 , thank
VAT69
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good work pro so sexy
justatrader
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Lol!! Thanks. But this chart is a bit scribbly. Anyways, patience will be rewarded