USDJPY 4H

30 Okt 2023Following GU and EU bullish intensions we could see possible downsides to UJ. We have just tapped into this long lost 4H supply that was the supply that dropped PA from UJ's all time high and was left unmitigated. We have had a further break to the downside but as there is a extreme supply above i like to target we are going to wait for a smaller time frame conformation of the recent 4H supply that caused the big move to the downside. If we break above this supply we will wait for the extreme to be mitigated.