Dollar/Yen Forecast November 2017

In my last forecast I was expecting a short trade on this pair but it never happened as the 4th wave on Dxy pushed further north. In line with the expected short 5th wave on the dollar I'm expecting a nice short trade on this pair. Like with the dollar index I expect this pair to go long in the future but for now on the lower time frame (4H and 1H) I'm looking for a short trade. Any short trade set up may be worth a punt. Long trades at this juncture will be risky.

I'll update my ideas as they develop
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This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon

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As with some of the other dollar pairs this had broken the trend line but is crawling sideways. Again I'm looking for a short trade but it could push up some more from here.

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Still waiting for a break down on the dollar

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So far so good but any further movement down will depend on the dollar index. If it goes short as expected then look for short trading opportunities on this pair