Here we got another got setup for more downside and if you guys remember we were longer term bearish on USDJPY from top then i hope you are in from the HILL and now looking for more downside. Lets straight come to the point.
How you can trade on this chart.
1. Watch for the strong breakdown and join the fall. NOTE ( sell before the breakdown carry risk )
Or
2. Wait for the price to keep pushing for upside slowly and then look for price action at 786 or 886 of FIB line and then look for short from there.
This pair still has a huge potential for more downside.
Good Luck
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