EuroMotif

USDJPY long entry zone: looking for UJ bounce

FX:USDJPY   美元 / 日圓
UJ looks to be completing a wave 5 down.
Looking for a bounce soon, probably just a dead cat.

I will be watching Gold and Equities for signs of some risk-on sentiment.
But it sentiment remains risk-off (Stocks keep dropping and Gold keeps going up), then I will NOT enter a long here.

Lets see how this plays out.

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