Usd jpy was broke out of a major resistance zone .. now.high probability resistance can now turn support.. price can go up to next resistance.
Price was trading within a downward channel ..broke out from the channel and made a retest.. broke its major resistance. Price closed above its resistance.. now support.. high probability price will continue to the upside.
Price was in a major downward channel.. price broke off from its channel .. high probability price will retest its channel.. and then price might push back up.
Usd jpy was trading with In a downward channel.. price recently broke the channel .. high probability price might retest it channel then to the up side .
Educational purposes.. price is got to reach a major support now resistance.. high probability price might be rejected in the zone..
Price in a high resistance zone .. probability price might fall to the downside.
Price reached a major daily and 4 hour resistance level.. a high probability price might fall to the downside.