Potential short USDJPY from h1 levels

Orange lines - daily wave, classic ABC continuation
Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions

We are watching two levels: the current reaction at 109.38 and a potential higher reversal at 110.81 in the larger 111 price area.
Traders should use trading systems to generate entries/SL on any selected levels.

Yorum:

m15 position building level

Yorum:

m15 1-1RR

Yorum:

m15 close to 3-1RR movement, partial profit taking area

Yorum:

m15 profit point 2 109.8, 5-1 RR

Yorum:

110.3 "blind" short continuation postion

Yorum:

short continuation management

Yorum:

short continuation profit point
late post, 109.4 was the target area

Yorum:

m15 now with buying pressure

Yorum:

management point long side, partial profit taking