TradingView
Forex48_TradingAcademy
Apr 20, 2023 6:48 AM

USDJPY Short

USD/JPYOANDA

Description

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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