RealistFX

USDJPY - WEEKLY OUTLOOK

FX:USDJPY   U.S. Dollar / Japanese Yen
Our educational entry for the week!

LEAVE A COMMENT ON YOUR ENTRY AND GAIN. ill be seeing who takes the best entry and % off this!

UJ has been trading tight recently, forming a strange ascending triangular formation with the Eliot Wave impulse's marked up.

We believe the bottom trendline and magic 3rd touch will mark the end of the 4th wave and ready itself for the next push up to form the 5th.

Break of previous highs confirm bullish bias.

Break of channel and fib level confirms bearish .

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