USDJPY analysis
The market structure its an uptrend and now looking at the H4 time frame it's on a higher high level at 154.568 , which is also the market close.
The bulls are loosing momentum and now it seems like the bears are gaining some strength over USD.
Price is already creating a lot of rejections after buying for a very long time ⌛️. And the market...
USDJPY closed 151.600 market price (Key area). Now that we are at the key area on a friday close, on Monday market open we will wait for a bearish violation candle which will lead us to a bearish trend next week.
Sell stop at 151.416
Stop loss at 151.993
Tp at 150.183