USDJPY Oct 13 to Oct 17 Outlook

Recap
A pullback was expected and ninja dropped to Y-0 and below support area. Then its inability to clear Y-0 triggered a go for Y-1. Y-1 tagged and failed to push higher since. Closed the week below Y-1 and near week low.

Outlook
Pullback turning into a run down to Y-1 was a nice bonus. From here ninja can choose to hold the zone between Y-2 to B-1 and resume its weekly match higher. What we need is proper bottom setup on 4 hours before jumping onto the long side.

Tagging Y-2 is likely as long as Y-1 is not cleared.