Do you think USD/JPY is ready for going upwards ?

Hello Traders,

There is a high probability of Trend reversal in USD/JPY H1. If it is going to happen, it should happen during the Green Rectangle (Time Cycle zone).

I usually don’t analyze USD/JPY, so I might be wrong. Lets see.

Let me know what do you think ?

Good luck.

Trade closed manually:

It still might go upward but it took time more than I expected. It is at the breakeven point for this analysis so I am out. Price is at 103.862.