Based on my analysis, I anticipate that the JPYBasket will react in some way when it reaches the 7804-7828 zone. There could be a variety of reasons for this, such as technical levels, market sentiment, or fundamental factors.
In any case, rather than acting impulsively, I have decided to exercise patience and observe the market until a clear opportunity presents itself. I am particularly interested in looking for buying opportunities because I believe that the confluence of multiple factors at that level makes it a potentially attractive entry point.
However, I will not take any action until the market confirms my analysis and provides a suitable chance to enter a position. This may require waiting for a specific price level, waiting for a particular signal, or waiting for the market to stabilize. Ultimately, I am focused on making a well-informed and calculated decision that aligns with my trading strategy and risk management principles.