OANDA:USDJPY   U.S. Dollar / Japanese Yen
• If price pushes up to and ideally just above our lower rayline, then I'll be looking to get short with a risk entry after after a phase line break on either the one hour or the fifteen minute chart, or after a one hour or multiple fifteen minute rejections from it.

• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place a trade on this pair.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.