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Forex48_TradingAcademy

USDJPY

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Forex48_TradingAcademy  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis dollar yen sessions asian london daytrader setups
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trendanalysis indicator fundamental dollar yen sessions asian london daytrader setups
My view anticipates a potential short on USD/JPY. I have identified a very strong supply zone where the price has attempted to break twice without success, creating spikes that I have highlighted with circles. An hour ago, the price created another supply within the strong resistance zone, and I will wait for a possible retracement to enter a short position.

Let me know what you think in the comments:

Have a nice trading day!
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