USDJPY: Time to look for shorts again!

FX:USDJPY   U.S. Dollar / Japanese Yen
1159 15 40
The pair looks to be ending the corrective move up and any break down is a possible impulse which will see the pair break new lows, only a break above will negate this view. Trade with a sound strategy for breakouts and keep in mind an upside impulse is not exactly out of question even though I don't think so.
Comment: IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. 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.
Comment: things have changed! it's a buy now.
I anticipate upside
piphunters farid_ardavani
thanks, let's see.
Also a bearish Bat pattern with an ABCD for the 4 H chart and a O2O bearish for Daily. Very nice spot. Thank you
you are welcome
We just had a break bellow, is it safe to short?
piphunters Visionary
I am not sure what your strategy would be and your SL, I will be getting short next week only after confirmation
piphunters Visionary
doubt now we gonna go up as an impulse but let's see how it develops next week
Visionary piphunters
Awesome feedback, thank you :)
+1 Reply
piphunters Visionary
my pleasure
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