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Aug 24, 2022 7:42 AM

USDJPY SELL LIMIT/BUY LIMIT ORDERS 

U.S. Dollar/Japanese YenFXCM

Description

There are 2 unmitigated order blocks that banks left behind on the 4h timeframe. A bearish institutional order block at 137.211 and a bullish institutional order block at 135.206. We have sell limit orders placed at 137.200 and big buy limit orders placed at 135.200. For the sell limit order, we are looking to take profit at 135.200 only. For buy limit orders, we have 4 profit targets. First profit will be 137.500, target 1 is 138.310, target 2 is 139.360, and our final take profit target is 140.500. Simple yet clean setups. Will you be a buyer, seller or both? Thoughts on USDJPY?
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