USDJPY: Trend is up now

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I think we can be more or less sure that the trend has now turned up on this pair. I'm holding longs, although I had closed earlier, I reentered when turning up for the day today, after we made a new daily low. That was a good cue for a potential short term bottom.
I like the VIX key levels on this pair, I have talked about this in the past. For more information, check Tim West's publications.

If you're long, hold and trail stops gradually.
Good luck!

Ivan Labrie.

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Broke yesterday's high...holding and monitoring it.

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Strong action today. Hold!
I think we might drift sideways for a while soon, but overall, bullish on this pair.

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Anticipating a consolidation in USDJPY

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تم إغلاق الصفقة يدويًا

I closed mine for now. Waiting for a consolidation or correction to buy again.

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Update the chart until today and see how great the key levels here explained all the moves and bounces in the chart.