AlkalineFX

USDJPY: Bull Run Again

Long
FX:USDJPY   Dollaro / Yen giapponese
After a huge bull run, we expect the price to mitigate both buyers and sellers to generate liquidity for the next move.

I personally believe we will see a final sweep of sellers around my sell zone of interest before selling off aggressively to the downside to take out the remaining buyers.

Once this move is complete, or something similar has occurred.

I will then look to buy in and continue with the bulls.

You can play between the zones if you like but ideally getting the long-term buy is better.

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