JamesLAGFX

USD/JPY OUTLOOK - Bull Run Inbound?

Panjang
FX:USDJPY   Dolar A.S. / Yen Jepun
Hey guys just wanted to share my outlook here. Anyone who follows me will know that I have been watching this market for some time. Waiting for the bullishness to be re-introduced. Price has played out exactly as I had hoped and predicted.

We wanted to see price break out of the re-accumulation and start making aggressive moves higher. Within this movement we are able to get involved from the ICI entry method. This was perfectly delivered and therefore entries could have been found.

This analysis comes from the fact that we had a major demand zone tap and creation of an accumulation schematic which was a clear indication of a new bullish impulse. My expectation is for this bullish impulse to break the previous market high.

We have been making this bullish leg for months now and will continue to do so until my final target is met or exceeded.

Penafian

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