dtsdude

Look for short setup in this consolidation zone

dtsdude Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
UJ made a sharp move down. It is below the 50 SMA on the H4 time frame.

On the M30 time frame the market is consolidating in a small zone late this asian session.

Look for entry setups that offer good risk reward that can aim for the 112 area (previous support area)
Comment:
It's at the support area now.

I'm not interested in any new positions on this until it shows a clear break of support or a reversal

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