On the chart i marked 2 circles - red and green , green will be the price zone to buy after a false break down and red will be the sell zone after a false break up.
Also red zone will be the 38% retrace zone of the last move down - i didn't marked it because i don't want the chart will be to messy.
Anyway, the really important idea here regardless to the buy / sell from top to bottom is the entry price opportunity for longer term buyers/sellers - eventually i think USDJPY can go to 110 zone or 112 zone ( without to much of retracement ).
Best of luck to the bulls and bears :-)
Also red zone will be the 38% retrace zone of the last move down - i didn't marked it because i don't want the chart will be to messy.
Anyway, the really important idea here regardless to the buy / sell from top to bottom is the entry price opportunity for longer term buyers/sellers - eventually i think USDJPY can go to 110 zone or 112 zone ( without to much of retracement ).
Best of luck to the bulls and bears :-)
