(Fundamental Analysis) - Bank and Institutional are still holds their JPY LONG Position and suprisingly there's a quite big Ammount of New LONG Position of JPY in last 2 weeks, while USD is still under confusion and bad news, Big Banks still hold their SHORT Position on USD, we can expect a Bearish Trend on USDJPY in a week a head.
(Technical Analysis) - Price is move around reversal area on 106.106 - Wait for the Price action around 106.106-106.631 - If Bearish candle confirm Open Short Position, If not just wait do not make trade - Atl 2, You can also Open Your Short on the 106.620, see the price action.
Rules - Risk 2% of your capital - Price Action! wait for confirmation candle
*This is for your trading reference only, trade at your own risk, don't forget your money management. Wish you a Profitable Trading, GBU.