USD.JPY - Buy The Breakout

FX:USDJPY   Dolar U.S/ Yen Jepun
Currency Pair: USD.JPY
Time Frame: Monthly, Weekly, Daily & 4hr
Predicted Direction: Long

Live USD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Komen: Daily breakout has now occurred, i will be now breaking this down on the intraday TF's to identify a trade opportunity.
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usd corrects now, let's see how long it will hold this correction, but the trend is descending. Thanks Tom for ur posts!
Nice one tom. Daily reversal here.
Trevf98 Trevf98
@Trevf98, expecting a pullback and then a continuation
Thanks. Keep us posted. I am currently long from 105.50.
Hi Tom, Thanks for sharing .Sometimes I like to guess the price chart with my little knowledge.It seems to me that very soon we can see USDJPY further down rather than going up. It might go up to 108 to 109 level but mostly I think it might come down to 102 around or even further down. Lets see
+1 Balas
TomHall TOP nahian87
@nahian87, It's possible, if we don't see a breakout there will be no trade so a short opportunity may be available.
Hope for long. support give a lot of back up and bouncing back to the top
+1 Balas
TomHall TOP fmsalkatheeri
@fmsalkatheeri, i agree, however without a breakout for me there is no entry, we will see how it plays out :-)
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