USDJPY | Possible Short Opportunity
Current Direction on 1H, 4H, D is Bearish, Lots of liquidity resting below.
Price is currently filling the Fair Value Gap (Buy side imbalance, sell side inefficiency), before making its way down to capture liquidity.
Fair value gap aligned with optimal trade entry level makes this a high confluence trade.
Price is currently filling the Fair Value Gap (Buy side imbalance, sell side inefficiency), before making its way down to capture liquidity.
Fair value gap aligned with optimal trade entry level makes this a high confluence trade.
Trade active
Trade closed: stop reached
SL: 104.410 (10 Pips)
TP 1: 105.095 (21 Pips)
TP 2: 104.937 (36 Pips)
Use proper risk management if you take this trade.
Move Stop Loss to break even when 15 - 20 Pips in profit, and
take partials.