USDJPY

USDJPY Sep 14 2020

Monthly - Downtrend since from 1998 Aug. Forming SW from 2015 May. BC Retrace 50% of AB.

Weekly - Sideways since 2015 May. 13W breaks down from 50%.

Daily - Sideways since 31 July

4hrly breakdown FTP

Daily 

5D Impulse Stats - 4.5151 / 5D Corrective Stats - 1.9761 / -0.5 to Mean + 1 = 7.252

18D Impulse Stats - 9.3467 / 18D Impulse Stats - 3.9881 / -0.5 to Mean + 1 = 15.4217

5D - 0.771 / 11% / less than mean

18D - 3.769 / 24% / Mean + 1

Road Map

Monthly - Retrace 50% and looks to be forming SW

Weekly breaks down from 50%

5D and 18 Stats looks attractive from Stats point of view.

Look to short after the 240mins break above FTP