From looking into USDJPY 15 minute chart and looking a little DEEPER into what is going on the chart now. PA was going in a BULLISH direction before a narrow side ways or consolation area happened for the last around 10 plus hours of trading or NEUTRAL PA.
In my opinion, I see a major PA support area on chart at 102.000 and a major PA resistance area at 103.100. Now PA is at 102.200 level. I think market will very slowly go back up to at-least the 103.100 level again, 1st day of trading. This pair will not have to much more affect from last weeks- BREXIT vote. I will be trading 5 to 15 min trades next weeks and using HA candlesticks - I think that this pair will be RANGING or swinging, slightly bullish. *NOTED: On chart is (green) area where I see PA going up or bullish into next week ( very slowly/turtle trading). PA could suddenly break up to the 104.000 level, which is what most of time happens with Fry Pan Pattern.
In my opinion, I see a major PA support area on chart at 102.000 and a major PA resistance area at 103.100. Now PA is at 102.200 level. I think market will very slowly go back up to at-least the 103.100 level again, 1st day of trading. This pair will not have to much more affect from last weeks- BREXIT vote. I will be trading 5 to 15 min trades next weeks and using HA candlesticks - I think that this pair will be RANGING or swinging, slightly bullish. *NOTED: On chart is (green) area where I see PA going up or bullish into next week ( very slowly/turtle trading). PA could suddenly break up to the 104.000 level, which is what most of time happens with Fry Pan Pattern.