Can say Big Blue J is formed, awaiting a K retracement? Will watch out around 1.2355. But looking at a slightly bigger picture, on 4H chart, there's a bullish cloud ahead, it takes big bang to pierce the thick cloud.
Perhaps a new J should be formed, before it bounces up the cloud in the 4H chart.
On the day chart, Tenkan is turning up approaching Kijun. If they cross, current C2 might have to be rewritten.
Should I call myself timid, conservative, or downright UNSURE? Hm...I am not even sure of the answer... LOL
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