TradeWithTitans

USDJPY bullish steam running out...

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
100% technical...

UJ met supply zone on the weekly chart. Need to wait for another run up back to the consolidation zone. Be wary of stop raids forming 4 hour pinbars (shown). Look for 1 hour or 4 hour pattern (LTF consolidation) inside the zone to sell, and/or breakout of LTF channel/support.

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.