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We're long with our take profit at 114.235

We're long with our take profit at 114.235 | 29 April 2019

29 April 2019, USD/JPY

Buy the us dollar from 111.706 towards 114.367.

Wave Analysis:

During the previous week on Monday, our pending buy was triggered when price went below 111.518, we have our stoploss fixed below 110.786 and our take profit at 114.23. As long as the price remains above our stoploss, we expect a possible rally further to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave [c] and (iii) to the upperside and should break above 114.23 towards 118.23. And on the flip side, only a break below 110.786 will make us consider a sell order.

Trade Recommendations:

We're long with our take profit at 114.235

Trade CFD on NYSE, MOEX and NASDAQ corporate stocks without swap.

Bob Stan
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