USD/JPY Short Basis:
-Failed to break 113.4 Resistance 4 times
-Bear Flag Formation
-RSI approaching overbought territory
-Elliot Impulse Wave 1-5 Completed
-Buy volume decreasing
USD/JPY Long Basis:
-Go long if and only if upper resistance 113.4 is broken
*Trade at your own risk*
-Failed to break 113.4 Resistance 4 times
-Bear Flag Formation
-RSI approaching overbought territory
-Elliot Impulse Wave 1-5 Completed
-Buy volume decreasing
USD/JPY Long Basis:
-Go long if and only if upper resistance 113.4 is broken
*Trade at your own risk*