USDJPY-Weekly Market Analysis-Jan19,Wk1

On the Daily Chart(right), the market has fallen straight into the buy zone and beyond the D completion but within X, that will give a better Reward:Risk.

However, on the left(4-hourly chart), the market has formed a new sell zone and that can be a warning signal for bullish traders to look out for. Perhaps a consideration of shifting stops to entry might be a great idea if an indecision candle has appeared within the sell zone.

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