USDJPY On Major Resistance ( Sell Zone )
USDJPY has revisited this major resistance after more than 6 years of bearish run since the sell-off happened at this level in 2015. And now I have a very close watch on the following bullish leg which supported a visit back to this area forming a nice 5 wave impulses. A well-managed position after a clear breakout on the trend formed in minor timeframes will generate a decent amount of profit in the meantime.