we're long | 30 October 2018

30 October 2018, USD/JPY

Wave Analysis

Perfectly as we forecasted, the US Dollar spiked to the upper side and is still pretty much bullish both on the daily and the weekly charts, as long as the price remains above the 111.666, we expect a possible momentum to the upper side. The anticipated, and should break above 114.541 towards 117.883, this view can only be invalidated in case the price break below 111.666, if this is the case, then further momentum towards 108.065 or even lower to 104.825 is expected. As it is, only a buy position looks more ideal.

Trade Recommendations:

we're long

101% Double the volume

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Bob Stan
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