piphunters
Short

USDJPY: Still inside correction, Breakout imminent

FX:USDJPY   U.S. Dollar / Japanese Yen
806 6 39
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.

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Comment:
And I don't even think it will hit 101 lol
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Can't believe I canceled my order awhhh! I would have had it
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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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let's see
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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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thanks
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