USDJPY Consolidation Stage

USDJPY Consolidation Stage

USDJPY H4 time frame

price break out from recent trend line

price entering consolidation stage (the grey zone that i highlighted)

we can clearly see the price bounce between 107.947 and 107.368

wait for price break above 107.947 or price break below 107.368 as confirmation

enter after price pull back


Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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