USDJPY POSSIBLE LONG POSSITON

USDJPY CORRECTING AFTER A BIG IMPULSIVE MOVE DOWN, AND SEEMS TO BE FORMING A BIGGER CORRECTIVE STRUCTURE (WXY).

AFTER WAVE (X) WAS COMPLETED WE SEE IT MOVING TOWARDS THE UPSIDE IMPULSIVLY AND FORMED A BIGGER CORECTION TOWARD THE TRENDLINE AND THE BREAK OF THE CORRECTIVE STRUCTURE WILL GIVE US A BUY SIGNAL.

OUR TARGET WOULD BE WAVE (Y) UPPER TRENDLINE