piphunters
Short

USDJPY: Short setup

FX:USDJPY   U.S. Dollar/Japanese Yen
1563 20 62
Price has broken below the smaller degree corrective structure after being capped at the top of the larger degree structure presenting an good opportunity to short the pair.
Comment: The setups posted here are not trade calls and are intended for informative purpose only and I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit http://www.thepiphunter.com and subscribe.

Wish you good trading!
Comment:
snapshot
Comment: don't miss if it breaks!
Same thinking here! :) waiting for a nice short play.
+1 Reply
piphunters ZenMasterFX
thanks and good luck mate
Reply
Jumped in on this (probably a little late); see how it goes...
+1 Reply
piphunters marcus123
good luck!
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You got it right at the moment, what a trader! Im in, but from very lower :p Congrats!
+1 Reply
Piet.Hein Piet.Hein
day traders... catch the food just when it arrive the table... hahahahah
+1 Reply
piphunters Piet.Hein
hehe, well hope this time it's gonna breakout of the structure, let's see
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j_amui piphunters
Please will it retest the or it ll continue. Thanks
Reply
it may or it may not, there is absolutely no way as far as I know to forecast that.
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j_amui piphunters
Thank you so much. I am not so experience and i read that whenever there is a break, there is usually a retest before it continues. Is it on major trendlines/support/resistance or what? Can you please educate me on that. I like your analysis. simple and mostly gets through and will like to learn from you.
Reply
well if it does go for a retest it'll usually go up to the structure that's broken, in this case the lower degree up move top which also happens to be the top of the larger degree corrective structure
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j_amui piphunters
Thanks so much. Will continue to learn and follow you. nice day
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my pleasure
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Very nice breakout entry mate. Great work, keep it up :)
+1 Reply
piphunters moneymaking
thanks
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Nice short
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piphunters Rizwanacma
thanks
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snapshot

if the cypher completes, this might be the reason for entry
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piphunters XNTIPXN
good luck :)
Reply
We'll see it sub 107 soon.
+1 Reply
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