NikaJourney

Waiting For Retracement to Reveal The Next Move

FX:USDJPY   U.S. Dollar / Japanese Yen
Keeping this short and sweet this week.
The majority of the pairs I'm updating are based on Friday's big move. The focus is to determine price direction and the next setups. I don't have enough info yet for the next major moves. So trade zone-to-zone.

It looks like it's not done falling, yet it's running out of steam. What happens this week will determine if we have a pullback for continuation or a flat out reversal.

Let's see can it get to that monthly SR level below at 107.555.

BEAR TPS:
• 108.235
• 107.917
• 107.567

BULL TPS:
• 108.760
• 108.935
• 109.247
Trade closed: target reached:
LAST BULL TP HIT USDJPY during New York session!!
It never dipped back to the zone. Stayed bullish all the way!

NEW BULL TPS:
109.603
109.847
110.234

NEW BEAR TPS:
109.069
108.817
108.519
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