Get started
UnknownUnicorn1616991

USDJPY looking very vulnerable under 113, potential crash to 109

Short
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
UnknownUnicorn1616991 Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY short waves gutfeel crazy moves
3
0
trendanalysis chartpattern waveanalysis usdjpy short waves gutfeel crazy moves
This is very weird pattern / wave but I have traded such crazy waves in the past. It can happen if there is a really bad news coming in next few days. USDJPY can close the year under 110 and spend most of the 2018 under 110 if this so happen.
Trade active
Comment:
USDJPY is still vulnerable and the there is another bearish wave inside 1HR chart... targets still remain below 111. Fresh shorts can be opened at 113 with stop at 113.5
Trade closed: target reached:
This trade was well done... closed at 109

Related Ideas

UnknownUnicorn1616991
USDJPY - BUY @ 105.75, STOP @ 104.75, TARGET 120
UnknownUnicorn1616991
USDJPY - Making a move lower once again. Sell below 113.25
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.