An inverted view of Strength or Weakness

The keys to finding a good short sale:  location, location, location

This picture is the daily timeframe for the Japanese Yen futures, and the location of price is at a high level of the multi month range.  From April to now the Yen had some difficulty in holding this level and it could be exhausted from all this runnin.  On April 21 the first yellow box was broken and the yen dropped very quickly.  Then the shaded oval on June 14 was another time when the yen got very strong and then retreated very quickly. It was a fast move out of the daily candle on June 14.  Today the yen was strong again and it completed a four day pattern of relentless upside.  It could be energized enough to break above the top level of the resistance lines I drew.  Also I am not judging whether it can continue to go higher; the way price acted between April 10 and April 17 suggested it may take the same action.  It was very strong on April 17th and had a mini blow off top, that trading range was also exhausted.  

As far as the dollar vs. the yen has been strong against the dollar that chart which is the daily timeframe there is so much buying pressure at 109 and even though there is enough power to break through the figure [downside momentum] it is only a matter of time until the buyers rush in with all this demand that is my opinion, this practice is subjective too.  

The eight hour time frame shows a similar pattern where the downtrend is more clear but the reversal on July 10 to the 12th is apparent in how the candlestick formation took hold.  It is hard to find reversals because you don't know if it is a continuation of a price pattern or a reversal. I think that the pattern here is better illustrated. 

4 hour intervals:  In order for a short yen long dollar trade to work there with needs to be more blue candles and there needs to be a break of this trendline and some positive closes where prices begin to gradually move higher and 109 holds.  The target I set where it said "snapback target" is attainable and I'm also open-minded to 111 but that will largely depend on how strong it exits this green shaded support point.  I need to believe that it a truly valid reversal scenario.