Market View on USDJPY

We finally decide to take on our JPY Pair and this is the first entry after the prolong wait.

As most of you know, we have been analyzing this pair for months now and have been patiently waiting for various confirmations before joining the train. We will be hoping to chase 800+ Pips as seen in the image above. Let hope this works out.

*** The SL is large, its an indication of our overall view on THIS PAIR as we'd not expect the pair to exceed the given SL. Your entry can be around 144.20 and use about 30 pips SL and wait for re-entry if you're taken out, hopefully not but we'd recall and reassess this pair tonight on our streams. ***

See you all tonight 8:30pm (+8GMT) on the live stream, until then,

Good luck and Happy Trading