Brainstorming Session: OctaveJay's Weekly n Daily Trade Setups

USD/JPY Weekly Chart

I have a feeling that this setup is going to unfold in the next 2 years....

This is just an opinion: There's a good reason to believe that Donald Trump might be
the President of the United States, and that event is going to create a chain of reactions in
the financial world.

I don't know all the key events yet, but this is going to be insane whether positive or negative....

* Interest Rate Drama?
* Replacing Janet Yellen
* The Saudis might sell all their US Assets ( close to $750 Billion USD)
* Oil Price
* U.S National Debt ( Refinancing or Re-Structuring )
* And so on.....





If you are familiar with Harmonic Pattern Formation, you will notice that this is not a perfect Cypher, but
it displays the initial thought process of where the market is most likely to reverse if we take in consideration
the Initial Impulse leg since Sept 2012.

Point(A) is at 77.216 and Point(B) is at 125. 800

USD/JPY Update:

The Weekly Target on this pair has been reached in less than 2 days... Now, the market has 2 choices to make:

1) If the Bullish Momentum stays, I expect Price Action to go a lot Higher ( Near 110.500ish )

2) It's too risky right now to find Long Entries, I would like to see a Bearish Reversal inside the Upper Channel (Red/Crimson Dotted Lines )




I had 2 small trades: