This opportunity can be planned out as greater than 3:1 reward to risk and may be something we see across other Yen pairs due to the upcoming BOJ fundamentals.
This idea however is a low risk sell scenario based upon .
This analysis is not meant to substitute as financial advice.
Trading involves risk, and you are responsible for the outcome if you choose to act on this trade idea.
I've personally placed a sell limit and it will be reevaluated if it has not been filled by Tuesday's IML TV Session at 12pm EST
My order details:
Sell Limit 109.900
Stop Loss of 20 Pips ~ remember to factor in broker spread etc.