RaynLim

USDJPY - Structure Trade

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
A potential trend reversal trade might be in place. Having a break and close below the buy zone(turned to consolidation zone) is the 1st clue for a shorting opportunity. Market retraces and touches the red line without closing above the red line is the 2nd clue, the red line act as a Key Resistance Level, DM me if you don't understand. If the 8am(+3UTC) close as a bearish engulfing candle, it will give the 3rd clue for a shorting opportunity.

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