Possible USDJPY stophunt coming up
Updated
Earlier I posted my report on what looks like as stophunt exercise. 
At Dec 21, 8am UTC I noticed the first serious drop of
USDJPY starting from 113.6, what could be a similar drop signal as we signalled on Nov 30 and Dec 8 UTC. And because the timing and expectation of traders is about the same I am a bit weary that this might be another stophunt exercise. So be aware and be ready for a 24 hour stop loss hunt.
At Dec 21, 8am UTC I noticed the first serious drop of
USDJPY starting from 113.6, what could be a similar drop signal as we signalled on Nov 30 and Dec 8 UTC. And because the timing and expectation of traders is about the same I am a bit weary that this might be another stophunt exercise. So be aware and be ready for a 24 hour stop loss hunt.Note
It looks that the USDJPY pair is free floating again. There are no recognisable repeating patterns and the startdrop looked quite different..Note
7.30am UTC stop loss order hunting has started.Trade closed: target reached
Did not have enough buyers to punch through to 113.8. This leaves 113.4 the next important resistance for underlying support.
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