YenomDrah98

YenomDrah98

I'm continuing a USD trend continuation sell after a spillout which is a reaction from a Demand zone, General trend seem to be Bearish, with small choppybuys

YenomDrah98

USDJPY have identified clearly it's Highs and lows where price can trade into and outside of, understand price meaning we have to look at the 'Bigger Picture' Having identified areas of interest in Supply and Demand Levels, we will be using them along price action tool to determine price movement with Good Money management

YenomDrah98 Updated 

This long bias here is taken as a result of price range on the Daily, Liquidity has been taken on the 1 Hour charts as Shorts term position are being spotted and traded, which is a nice Discount for Us also price is currently on a retail Trendline We also see that prices is at Bullish Demands Zone on the 4 Hour and might prepared to continue on the Trend which is...

YenomDrah98

USDJPY during the week came to our Demand Zone and filled the orders there, and started breaking HL on the 1 Hour, We have then hoped on a trend continuation from the Zone targeting Liquidity of the Daily HH, Today is NFP so our Stops are set and quite tight

YenomDrah98

Momentum = Bullish Trend - Bullish Our Higher High has been tipped so thus, no protected Highs to form a Range to trade from With all indication to the Upside we are going for a Higher High possibly

YenomDrah98

Bias = Bullish Momentum Bullish Strong Uptrend, Price tipped the Former Higher and now we might surge even higher as there is no protected High to form a Range Feel like price will go make another Higher High as Liquidity has been tipped over so lie low Risk = Very Good