SharkAcademy

USDJPY DAILY - SHORT

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Prices tapped into the daily supply zone, made a shift breaking out of structure. However, it failed to make a lower higher, and therefore failed to transition into a lower low to make a downtrend.

This resulted in prices having the intention to mitigate higher prices within the daily supply, into refined areas like the H4 and H8 supply zones. In a similar fashion, look for the transfer of strong hands into weak hands before taking potential SELLS.

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