Good chart! Thank you for your ideas! I will watch how it will close today, and more likely finally will sell this monster :) Also, to sell EUR/JPY at the market is even more attractive than USD/JPY; euro is so weak.
@StevenK.Fisher, there is also additional thoughts. For the last 2 years USD/JPY declined during the Christmas week and first week of a new year. In 2014/2015, it was from 120.30 to 117.50; in 2015/2016, it was from 120.30 to 117. So that being said, you can get guaranteed 300 pips if you sell around 118 now. Will see.
Tucson2016
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@Tucson2016, I don't know yet how to publish my charts and ideas on this web. But here is my idea: Sell from 117.90, stop 118.90. Target 1 is 115 till 01/06/2017; then up to 121.5-122; then sell from 121.5-122 till 110. Good luck!