lets be honest, last scenario was a total desaster, but that's okay.... To be honest, my initial setup on USDJPY was this one. Because at this exact level we do have a + + Inverted .
On top of that, we are outside of the 50 periods on . Plus on , USDJPY just hit the lower level, again with 50 periods.
Those confirmation are great information for a potential reversal area!
Trade with care,