FX:USDJPY   U.S. Dollar / Japanese Yen
The 4h breakthrough can effectively lower the fractal, represented by the red line. At this moment, ac starts to turn red, and ao is near the 0 axis, so we can draw a conclusion. The last two days of this week will see a sharp drop in usdjpy. But for 1h, there are three green trees under the ac 0 axis, and ao may continue to turn green above the 0 axis, indicating that the rebound has not ended. We choose the rebound position as the yellow horizontal line, and short the limit position of the pivot point.The direction has been chosen, but it is still in a desperate struggle.
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.