What we have observed is price discounting itself. An opportunity to buy at a cheaper price level.
So, we have see a completed inverted last week friday and we are looking for buyers to step into the usdjpy from 107.79.
Every sell in this pair above 107.79 is an opportunity for us to buy the usdjpy .
I will be updating this trade as it develops.
Just a quick update 108.15 is a trap that can take price lower. if price close below this point on the 1hr chart, we will close the long position.