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Setupsfx_
Feb 25, 2023 4:01 PM

USDJPY- REVERSAL IS WHAT WE NEED!!! Short

U.S. Dollar/Japanese YenFXCM

Description

Dear Traders, hope you are doing great so we have USDJPY which in previous setup it did not respect our entry as in setup but it is still within our zone which we think is an crucial area for price to reject from. Let's see how price behave next week!

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Comments
The_Poncher
Heads up mate. There is a gap and liquidity resting under 138.500. You’ll see the order block in talking about. It’s on the 6hr time frame.
The_Poncher
I’d also wait for confirmation (CHoCH) before taking the risk entry at this order block.
Setupsfx_
@The_Poncher thank you mate for your input really appreciate it
SpartaBTC
The drop in price could indeed be significant...
Setupsfx_
@SpartaBTC thank you :)
WalterMoon
Very nice USDJPY chart, I love it pal
Setupsfx_
@WalterMoon thank you :)
CryptoCheck-
Excellent analysis, thank you!
Setupsfx_
@CryptoCheck- thank you :)
LegionQ8
Very nice analysis, good job done!
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