piphunters
Short

USDJPY: Opportunities not to be missed!

FX:USDJPY   U.S. Dollar/Japanese Yen
3972 54 86
The pair is currently hovering around the trend line shown in the chart, the correction to the upside has been sharp and looks limited, I believe we will be resuming the downside from here and a break below the trend line shown in the chart would would be a nice opportunity to go short.

In the case of an unlikely break to the upside however I would be looking to buy and a possible reversal of the down trend.
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Disclaimer: The trade ideas posted here are only my view of the respective market and is intended purely for guidance/informative purpose only and should not be taken as a trade call.
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Comment: monthly picture we have currently
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Comment: now a possible scenario for USDJPY
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Comment: possible scenario updated earlier looks to be on play now
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Comment: update: long opportunity
I think that we will see something like this in the short term
Usd/Jpy - Short time long
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piphunters RamaDeda
nice
Reply
The way I'm playing it.

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+1 Reply
piphunters JLJ002500
good luck mate
+1 Reply
Looks good from a technical point of view piphunters
+1 Reply
piphunters SniperFX
thanks mate, may or may not be that deep but it sure will have to come!
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SniperFX piphunters
we will see how it goes - PRICE is always correct.....
+1 Reply
piphunters SniperFX
agree
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game changed brother good luck for next time
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piphunters GoodLuckbabe
yes indeed, in fact never went short because the short setup did not come, now waiting to see how it retreats before taking any positions
+1 Reply
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