I'm re-evaluating the macro structure.

My operational is basically composed of two bases: HORIZON AND TIME (DIRECTION AND TIMING). Elliott Waves and Market Cycles is my HORIZON; SMC and Supply and Demand is my TIMING! It all comes down to STRUCTURE AND CONFIRMATION.

You need structures to be broken or respected to add positions.

To be short USDJPY in the medium term, it is important for the price to break the 133 level.

Level 140 is important, but be careful.

I'm moving the BOS H1 to 136.

If there is a new valid H1 structure formation at the current price, then BOS H1 can be moved again.

It is very important to follow the movement of DXY.

Only trade strong setups. Protecting the capital is always better than the smallest loss.

Read the previous article to understand the context of the asset: https://www.buymeacoffee.com/fxandressa/usdjpy-reversal-start-142-500

Trading quality is not an act, it is a habit.