Buying Yen against the DollarUnited States Dollar / Japanese YenCMCMARKETS:USDJPYdchua1969I first mentioned briefly about this pair here and safety assets here which I got it right in the rough direction. I have been stopped out several times for this volatile pair but the losses taught me something. If we look at this line chart closely, we can see that it took only 2 months from July 2024 to Sept 2024 to fall from a peak of 161 to 140. If you missed this opportunity, the second time was 158 on 8 Jan 2025 and fell to 140 on 22 Apr 2025 (3 months). The green bullish trend line is KEY , if the price action fails to hold above this line, then there are several profit targets for you as shown on chart. Since I have not shorted at the peak of 161 or 158 , then looking back on hindsight serves no benefits but the fall from current price to 127 is equally rewarding. I will be shorting in tranches of 1 - 3 contracts to capture my winners instead of taking profits at those levels and shorting at lower price each time and get stopped out due to retracement. Price action will not move in a linear fashion like the arrows I drew (fat hope, haha). So , do adjust your SL slightly wider and manage your own risk capital. Again, this is a much volatile pair and may not suit those with lower risk tolerance. Trade what you can afford to lose.