AlkalineFX

USDJPY: Breakout Confirmed!!!

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
We finally broke out of the ascending structure after non-stop liquidity grabbing.

Hopefully, the price has captured enough buyers and sellers to make the next solid move either way.

My bias is bearish, I would like to see a slight retracement before continuing into the previous low as illustrated.

What do you think of this chart?

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