FX:USDJPY   U.S. Dollar / Japanese Yen
20 0 0
There's a dozen posts about going short, I would be very cautious. The higher timeframe is a strong uptrend, this is just aminor correction - so therefore any levels of support would be strong. Yes the market put out a bearish momentum bar as expected, you have to be patient on when to get in. I already got in near the topping tail to have a low risk, but everyone is calling shorts at support. be VERY careful, this is where amateurs enter. Wait for a pullback into the momentum bar or a retest of some sort, or just sit on your hands til it beaks support and pulls back. Even with that there's still multiple levels of support.
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