UnknownUnicorn4824761

US DOLLAR / JAPANESE YEN

Short
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
US DOLLAR / JAPANESE YEN

4HOURLY CHART

The pair is at inflection point, breach below trend line will unfold as mentioned (0-A-B-C)

Its only an observation & not any suggestion
Comment:
The crack is here, trend line is violated. Downward spiral
Comment:
CMP 147.467, the falling knife is here.
Comment:
CMP 147.049, FALL CONTINUES. HEADING TO POINTS A
Comment:
CMP 146.955, dollar crack is here. Rising wedge playing its part.
Comment:
CMP 146.760, further down. Point A can be shifted slight higher to black trend line as it took time to fall. But A -B - C to continue.
Comment:
CMP 146.542, CRACKS GETS DEEPER.
Comment:
CMP 143.851, cracks are deeper now. Reached to point A. Cover partial shorts.
Comment:
CMP 141.512, point A taken out, brutal correction on its way to the target @ point C.
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