mezaulysses

USD JPY Patterns idea for going long?

FX:USDJPY   Dolar A.S. / Yen Jepun
I went long at the yellow highlighted area where I hoped it would keep the bull trend going. The last two purple highlighted areas seemed like a on going pattern where the third purple area near the yellow, is doing the same thing where I predict it may follow the dark green and dark blue lines, getting as close as it can to 113.000.

If it does not go that way then it may follow the dark red line becoming a bearish trend, maybe a twin buy for a come back.
Penafian

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