FX:USDJPY   U.S. Dollar / Japanese Yen
D1 - We have a potential triple cycle and it looks like this triple cycle is converting itself into a special cycle now. We have divergence only on the histogram now.

We may now expect a correction to happen within the area which was the breakout zone and the bottom of the range. Once this special cycle completes itself we may look for a correction to happen and then continuation to the downside.

H4 - Hidden bearish divergence, downtrend line is being respected.

H1 - Bearish divergence. If you want to be conservative wait for the price to break below the low at 107 (approx) and then we can start looking for sells.

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