Long term I am bullish on USDJPY.
Short term I think it is due for a pullback.
At least three orders of wave 5's look to be done.

There was economic news about US postponing Trade War with China.
I think that is why UJ gapped up over the weekend.
This news might give USD some strength.

So this is to Observe ONLY.
Maybe on Tuesday I will consider a position.

=

110.025 price in above chart is referenced to this finding:
USDJPY, Fibonacci, and the Magical 110.025


=

For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:
USDJPY: Looking for Long entry

ملاحظة
As I figured, USD is ripper strong.
Will evaluate and consider adding to my longs.
Unless London does something shocking, there seems to be no stopping this train.
لقطة
ملاحظة
Pullback might have started.
Not expecting much of a retrace,
but watching for something like this:
لقطة
ملاحظة
Entered a long per last pic, on pullack to previous resistance that is now looking like support لقطة
Trend AnalysisWave Analysis

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

إخلاء المسؤولية