USD/JPY: bears left their lair

USD/JPY: bears left their lair

2019-11-11 • Updated


SELL 110

SL 110.55

TP1 109 TP2 108.4 TP3 108

On the daily chart of USD/JPY, after the pair reached 113% target of the “Shark” there was a natural pullback. The “Shark” s transforming into 5-0. In line with this process, it’s correcting to 23.8%, 38.2% and 50% of the wave CD.


On H1, USD/JPY formed “Three Indians”, “Spike and reversal with acceleration”, as well as the senior and junior AB=CD. Their combination allowed bears to attack and lead the pair out of the uptrend channel. Sellers want to bring the pair to 261.8% of AB=CD.



Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera