piphunters
Short

USDJPY: Here we go again, sell the break!

FX:USDJPY   U.S. Dollar/Japanese Yen
2450 17 55
The pair is in a triangle correction which when broken should be pretty explosive I of course believe it will be to the downside, we should get a break on Tuesday Asian session which should send the pair below 100, we are already in this trade from last week and I will post an update when it breaks again.

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 http://www.thepiphunter.com and subscribe.
Comment:
snapshot
great analysis!! thanks
+1 Reply
piphunters DAVID_GIRALDO
you are welcome
Reply
SALAM . que me consejas hay que vender ?
Reply
hay que vender?
Reply
you only sell if it looks ok for you, my opinion or view can be wrong and I have already sold it, currently there is no further setup yet for another sell as per my strategy for a new position but it maybe ok for you so follow your plan.
Reply
chahid piphunters
gracias
Reply
you are welcome
Reply
I would prefer to wait and see if we get a retest of the previous July low before deciding further.
Reply
sell at 101.8x
great analysis!
+1 Reply
piphunters tam1988
thanks
Reply
Very nice analysis. beautiful corrective structure.
+1 Reply
piphunters EdwinMentee1K
thanks
Reply
Totally same perspective as you brotha! Check out my chart on it and shoot me your feedback?
+1 Reply
Now price reached a high reactionary area. Definetly risk is to the upside and hence b/o to upside.
Reply
piphunters waterman
broken to downside, we should see it below 100 soon
Reply
adelsellami piphunters
good sir
salam
Reply
Target?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out