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.

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Comment:
snapshot
Target?
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Now price reached a high reactionary area. Definetly risk is to the upside and hence b/o to upside.
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piphunters waterman
broken to downside, we should see it below 100 soon
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adelsellami piphunters
good sir
salam
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Totally same perspective as you brotha! Check out my chart on it and shoot me your feedback?
+1 Reply
Very nice analysis. beautiful corrective structure.
+1 Reply
piphunters EdwinMentee1K
thanks
Reply
sell at 101.8x
great analysis!
+1 Reply
piphunters tam1988
thanks
Reply
I would prefer to wait and see if we get a retest of the previous July low before deciding further.
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