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AlkalineFX

USDJPY: Falling Out of The Sky?

Short
Dollar Américain / Yen japonais (FX:USDJPY)  
AlkalineFX  
FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Technical Indicators Wave Analysis USDJPY usdjpyshort usdjpylong usdjpyanalysis usdjpydaily usdjpysell usdjpybuy usdjpyforecast usdjpylongsetup
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trendanalysis indicator waveanalysis usdjpy usdjpyshort usdjpylong usdjpyanalysis usdjpydaily usdjpysell usdjpybuy usdjpyforecast usdjpylongsetup
This pair is ready to fall out of the sky if you look at it from a money distribution perspective.

I assume the last run of liquidity was to capture orders from the demand area, now we have collected them, we can collapse to the downside.

I will be looking for slight pullbacks before I get involved in shorts.

What are your thoughts on this analysis, comment below.

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