FX:USDJPY   U.S. Dollar/Japanese Yen
125 9 11
Potential short setting up, see my DXY             chart, last comment.
I'll update with an entry, for now I expect this AB=CD to play out.
Unless DXY             manages to cross resistance now, I think this Nikkei topping fueled short will work.
Good luck!
Ivan.
Trade closed: stop reached: Trade worked, but target wasn't hit.
IvanLabrie PRO IvanLabrie
Time and price target on chart, if not reached in time we can short confidently.
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Potential buy opportunity, would serve as a nice hedge for the gbpjpy and eurjpy (and probably audjpy) shorts.

snapshot
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Working as expected.
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Considerably bearish but crazy daily bar...Next move is down.
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I will accompany you!
snapshot
+1 Reply
IvanLabrie PRO Yahia.Awes
I'm waiting for confirmation, we might see a drop under that last daily low, but it's also possible usd gets a small boost first.
About the wolfe wave, I think point 1 is too far to the left.
Hard to know if that will apply here.
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