United States Dollar (USD) / Japanese Yen (JPY)
1D Time Frame

LONG OPPORTUNITY

AUGUST 16th UPDATE

As you can see there's been a zig zag pattern since June 2015 all the way to January 2021.
I have used the Elliott impulse wave 1-5 tool to help judge which way USDJPY will go up until march 2022.

I personally believe it will rise up into the bull section.
I also have take profits set as stated.

TP1 - 112.000
TP2 - 114.000
TP3 - 116.000
TP4 - 120.000

I will be doing a update on this chart October 1st just to check on chart movement and also give a updated brief.

If you like my analysis and brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.

THIS IS NOT FINANCIAL ADVICE

THE CRYPTO PLANE
T
Chart PatternsFundamental AnalysisTrend AnalysisUSDJPYusdjpylong

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