The USD/JPY pair initially tried to rally during the session on Friday, but as you can see found enough resistance near the 102 level to turn things back around and form a shooting star. That shooting star suggests that the market is going to pull back into the consolidation area, so we are looking for a pullback in order to buy supportive candles below. We believe that the 101 level should continue to be supportive, so we have no interest in selling the signal, and believe that it is simply a sign that we are continuing to try to build up momentum.
