FX:USDJPY U.S. Dollar/Japanese Yen
The massive drop started with the completion of a pattern (see the link in the chart) which gave us a tremendous trade, is about to end. Price is in a consolidation moving into a pattern with divergence being present. Perhaps we might have a couple of up and down moves into this pattern but our main focus is a breakout above the pattern for a long trade.
If you saw people say "i am in", this trade was an unsuccesful one. But as for the amount they lost it all depends on the money management they use. A for me this i never went long on this pair as there was no setup based on my strategy and this wedge pattern is no more valid.. Thanks for your comment Gwoog