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AlexHillFX

USDJPY H4 Breakout Idea

U.S. Dollar / Japanese Yen (FX:USDJPY)  
AlexHillFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
2
0
1. H4 shows Bearish Bias long term.

2. Trend lines applied and swing highs and lows formed.

3. Recent 4 days of PA is consolidated and box drawn.

4. MA looks to be crossing - could we see breakout to retest the and make a new LH/LL?

5. Marked up scenarios upon a break of consolidation.
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