UJ looking for pullback?

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.

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110.025 price in above chart is referenced to this finding:

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For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:

評論:

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.

評論:

Pullback might have started.
Not expecting much of a retrace,
but watching for something like this:

評論:

Entered a long per last pic, on pullack to previous resistance that is now looking like support