electronicRock30703

The Box (Short Term Trade Setup)

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Monthly: Bullish
Weekly : Bullish
Daily: Bear
USDX: Consolidation


i'm watching the mitigation orderblock in here for a short term trade on #USDJPY at these areas. price tapped the Breaker Orderblock in the way of filling liquidity which it means Smart Money is going down to gather more liquidity to fill the void and maybe break the Weekly High in the chart


DYOR.
Comment:
trade setup went pretty close to our area and went back by taking a lower time frame orderblock, but don't worry Breaker Orderblock at 134.431 price point and we do have a fair value gap under this level but because of breaker orderblock price not seeing this level (PD Array Concepts) is high probable and bounce from orderblock breaker orderblock level, so we keep watching 134.431 - 134.451 for price tap in it and give us a confirmation with a bullish orderblock or BOS for Weekly high target.
Trade closed: target reached:
Target Reached.
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