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USDJPY Short? Patience is key here

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Yes, price reached the white Center-Line, which means: Price is at balance.

And yes, price is at the red U-MLH, which means: price is stretched.

Two good indications that a potential breather is lurking in the throat. But I'd better wait for more evidence. More momentum to the south.

Not stalking yet, but observing on the lower time frame too.
Dagangan aktif
Rejected from the CL this is the trigger to short:

syot kilat
Nota
At the 1/4 line, there's support in sight.

syot kilat
Nota
As expected, price found support at the 1/4 line.
With a stop above the last pivot, we are in good shape.
Expecting more downside to come.

syot kilat
Nota
Wonderful, just wonderful how price got rejected at the TrendBarrier:

syot kilat

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