USD/JPY Short - 4HR

80
Weekly Analysis: Bearish posture

Daily Analysis: Bearish posture. PA broke below lows (orange dashed line)

4HR Analysis: Bearish posture. Price action seems likely to continue it’s downward momentum. Looking for it to pullback before bearish continuation.

Option A aligns on the 0.5 fib pull. In both A & B scenarios, wait for PA to get into either zone before entering market. The 3 TP targets are lined in green.

PATIENCE PAYS WHEN DISCIPLINE IS AT WORK

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