USDJPY: Are Sellers Ready? 💣
The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap.
Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.