USDJPY: Is That a Bearish Trap?! 🇺🇸🇯🇵 Long

USD/JPYOANDA

Description

⋅ Dec 14, 2023 8:28 AM

Feels like we have a bearish trap on USDJPY.
The pair looks very oversold after FOMC yesterday.

Testing the key daily structure, the price went below that
but then quickly recovered, making me think that the violation was false.

We can anticipate a pullback now to 142.76

❤️Please, support my work with like, thank you!❤️

Trade closed: target reached

⋅ Dec 18, 2023 1:51 PM

T1 reached!

Comments

KingProsper

⋅ Dec 19, 2023 5:20 AM

NIce one

TheFxAce

⋅ Dec 15, 2023 1:12 PM

Your in-depth research lends credence to a bullish market stance.

VasilyTrader

⋅ Dec 14, 2023 8:28 AM

Do you agree?