USDJPY set up ideas and trades

[TareqS]

The pair may get more bearish below the level of 136.280. It may find its next support around 133.650. It means the H4 chart does not offer the bear enough space to travel towards the South. Intraday traders may find some short opportunities with good risk-reward.

 

[Alan Satcob]

I trade this currency pair on the Atompix trading platform. This terminal has a huge number of settings, you can customize it to your needs. But even with these features you should not forget about the trading risks. The market volatility is too high now.

 

[pashaev]

I look at the daily chart. Sketched a Fibo grid. Bulls broke 136.60 (38.2%) and looks like they should go north to 139.50 (50%) continuing the upward correction.