Hi all! I'm running live trades, currently up ~15 pips on USDJPY (LONG). I was unsure of the trajectory of the pair, because of the amount of consolidation below Tuesday's high of the day (156.271-ish).
I hope my screenshot in this post helps you! Asia saw a correction in price, and then the London session developed into an evenly balanced distribution curve. Due to the current trend over the last week, I initially anticipated a short-lived correction, but Asia's low remains largely untested. Instead, the US session produced a swift, 15-pip stop hunt low outside London's session, and took the opportunity to go long after the exchange rate returned to the fair value area found in the London Session. I'm looking forward to a continued rally into the Asia Session Friday, and intend to hold until ADR-high is reached, 157.125 zone.

If I'm correct, the distribution curve should produce a b-shaped distribution curve, as price continues to rally. However, USDJPY sometimes slows over the US-Asia changeover, and takes off during the Asia session, so we'll see what happens!