FX:USDJPY U.S. Dollar/Japanese Yen
The USD/JPY 4H chart has formed a significant hammer at support kumo support. The supportive candle also held on the back of the 61.8% of the latest wave. In an overall market, these corrections are the bets opportunities to rejoin the trend. We'd like to see a break of the flat kijun sen to the upside backed by accumulation on the oscillators, which will trigger us long, aiming to trail stop and trade-with-the-trend.