U.S. Dollar / Japanese Yen
Long
Updated

USDJPY

158
M1 : bearish IMB failing to Hold, Heading towards High

W1 : Consolidation

D1 : Uptrend

4H : Shifted from Bearish to Bullish
And pulled back to 50% Leg

1H : Bullish

Narrative :
* Monthly is heading towards the high, Weekly and Daily looks a bit
Consolidation.

* 4H and 1H has shifted from bearish to bullish and 15 Minute also
Shows bullish shift in market structure. We can potentially open
Long position on Monday Open one Position On Market Execution and another position on 1H OB if price comes to fill the order to the OB.
Trade closed: stop reached

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