FX:USDJPY   U.S. Dollar / Japanese Yen
We have a shark pattern, a new high on the 4 hour, it looks like price has changed character, we may see the trendline below break one more time before a possible move up but I am entering based off what I see, the blue line is a 61.% Fib and The take profit is at the B point of the shark and 50% Fib spot.

Risk Return is 2.75-3.00 depending how you play it

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.