USDJPY: Ready for another 1500 pip move?

Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to start looking for short entries. Our area of interest consists of Fibonacci and VWAP levels.

This analysis is taught and provided by Fractals Trading.
Trade safely and expect the unexpected,

Mei
Elliott WaveFibonacciFractalUSDJPYusdjpyanalysisusdjpyideausdjpysellusdjpyshortusdjpysignal

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