0810 Wkly OUTLOOK USDJPY CD leg will up to 117.80

Hello traders,

USDJPY is on my longterm buying list on this weekly outlook chart.
It finished 1st leg(AB) and kept running in a rising channel to finish a uptrend flag with ABC wave (red). The new 2nd impulse leg (CD) is now running still.

It is very possible for UJ to break through 1st dash line 114-115 zone with the AC=CD pattern.
Out longterm target is 117.8 as the end of CD leg.

With such plan on wkly chart, we find out two position to long UJ recently.

1ST ONE HIT ALL TARGETS

2ND ONE IS ONGOING

GOOD LUCK !
LESS IS MORE!

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