USDJPY - Sell Potential for Today

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Trading Plan with LT

• Price Action: Price has been impulsive from the 07/11 to 10/11. In order for us to resume our buy we need sellers to be in the Market. Price going below 104.820 will definitely induce sellers for a potential buy later on.
  
• Fundamental: Any news that makes JPY strong and USD weak for now will do but remember the bigger and long term is to the upside.
  
• Technical: We are in wave 4 i believe and about to complete wave c. After wave c we can go for wave 5 or we can also make a complex structure.
  

Manage it Well
Cheers

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