gatsipaida

usdjpy possibilities

gatsipaida Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
after the past two weeks as price chose to break the high from which should have been an expectation. To avoid the same relapse for now as the prices settles i look forward to waiting for prices to create a clearer sign but as for now the market had created a flag where a break high seems more likely but i feel it would be rushed so waiting for price to break and retest would be a smarter choice but on the other hand price could still respect the major resistance at which price recently tested on high timeframe and so we'd look forward to further lows but for now my advice would be to watch the market as it plays out
Comment:
price has not yet broken trend but keeps failing to break the lows so for now waiting still is the best action well in my case.
the base created by the market seems more likely to hold but in case its broken the 150.256 low seems like a most likely target
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