MatTheCat

USDJPY 'Bankers Candle' Short

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
at 8am (London) today, the BoJ announced intervention in the Forex market, buying JPY, by selling USD.

Big 130 pip volume gap on initial 2 minutes of downside, followed by selling avalanche, putting in Key Reversal on 4hr chart.

accumulating divergent arguments on the HTF charts.

~145 level, is a test of a multi year high, best seen on Quarterly chart.

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