ColinGallaghere5

USDJPY - Long term distribution - Major move ahead!

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FX:USDJPY   美元/日元
Here we have an example of an event within an event within an event.

Next move on the weekly event should be a sign of weakness towards the bottom of the range.
Daily event shows a distribution event that is currently in phase C lpsy.

With weekly & Daily bias bearish, this increases our probabilities of a successful short in the h1 TF, which isn't in phase B of what is most likely a distribution.

Big gains to be had with this one in the mid/long term.
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