Usd/jpy is still in up move as we see last Thursday 10/17/2024 usd/jpy break 4 hour time frame higher high and now we see deep pullback were price is already reach the demand zone. Keep monitoring price in 15 min or 30 min to see change of character,so that we can enter and targeting our last swing high ,howerever if price break demand zone there will be no buy...
usd/jpy overall is in bull move by making higher high and higher low,for the moment i prefer only buy opportuniy by wait for market to make pullback and enter the market by targeting our 4hour time frame higher high.
after market reacted at fair value gap and break higher high,now market is making a pullback perfect time to enter the market.
market was moving in down trend by creating lower low and low high,however we start see market shift form down side to up side by creating higher high and higher low