Another JPy showing strong bullish momentum where must of them have broken previosu structures and this one aint no exception,we got here soem nice confirmations to think about a possible upside move atleast to the 126.00 if the right criteria is met ,those confirmations are:
1.Double bottom formation (124.00) area 2.3rd daily wave already formed 3.Broke previous structure and created a new high after the double bottom that lines up with the MP 61% fib 4.Broke and close abvoe the MP 61% fib
So to go long i woudl wait for a pullback and see how price reacts once it reach the 125.10 and 124.90 area before thinkign about going long