Dollar A.S. / Yen JepangPenjualan
USDJPY
Over the past two months, the price has been on a downward trend, with a brief pullback in August. On the daily timeframe, a bearish order block has contributed to this downward movement.
On the 4-hour chart, a bearish break of structure (BOS) is evident. I anticipate a notable pullback within the current 4-hour range, which should bring the price back to a premium level suitable for a sell opportunity, ideally at a 4-hour bearish order block.
Currently, the price is consolidating and creating sell-side liquidity to potentially move higher.
**Disclaimer:** The information provided is for educational and entertainment purposes only and does not constitute financial advice.
Entry Price: 142.102
Stop Loss: 142.104
Take Profit: 137.244
Soft Invalidation: If price closes above 4H OB I would close take the loss and close the trade.
Also apply proper risk management...!!!
On the 4-hour chart, a bearish break of structure (BOS) is evident. I anticipate a notable pullback within the current 4-hour range, which should bring the price back to a premium level suitable for a sell opportunity, ideally at a 4-hour bearish order block.
Currently, the price is consolidating and creating sell-side liquidity to potentially move higher.
**Disclaimer:** The information provided is for educational and entertainment purposes only and does not constitute financial advice.
Entry Price: 142.102
Stop Loss: 142.104
Take Profit: 137.244
Soft Invalidation: If price closes above 4H OB I would close take the loss and close the trade.
Also apply proper risk management...!!!
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