USDJPY is currently on a consolidating trend, but when diving deep to the 30-minute timeframe, we can see that we have a small bullish trend and within that bullish trend we have another trend which is a bearish trend with a high possibility of being broken.
A break and retest on the smaller timeframe like 15m will confirm that the market is ready for buys and we shall enter the market with the aim of scalping the market.
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