piphunters
Short

USDJPY: Still inside correction, Breakout imminent

FX:USDJPY   U.S. Dollar/Japanese Yen
806 6 38
4 months ago
The pair is still inside a larger degree correction, the price is now forming what looks like a triangle, so expect a good move pretty soon, still I would favor downside for opportunity to go short when a breakout occurs, if it goes up only above 101 I would start to look for a buy setup.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
4 months ago
Comment:
USDJPY: Broke up! Now worth buying
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TradZ
4 months ago
Nice illustration :) I will trade one last time today for a small profit and I'm done till Friday IF I see fit. Tired of this market playing games
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piphunters TradZ
4 months ago
thanks
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TradZ
4 months ago
And again, 2mrw is Fed announcements so do not recommend buying if hits 101. You will want to trade now going up to 101 as this price will fall again around this area considering Yellen speaks 2mrw
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piphunters TradZ
4 months ago
let's see
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TradZ
4 months ago
And I don't even think it will hit 101 lol
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TradZ TradZ
4 months ago
Can't believe I canceled my order awhhh! I would have had it
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