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TradeHubJapan
Oct 6, 2022 2:18 PM

USDJPY short after distribution Short

USD/JPYOANDA

Description

Good day everyone.

USDJPY is in middle of distribution phase and anytime the market can reverse the trend and fall down.
We are biased to downside and look for sell.Any up movement will be the fake move to trap the buyers. We will wait for the confirmation to go short.

Always trade with proper risk management.

Thank you!

TRADE HUB JAPAN

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Comments
Nesu10
Thank you for your forecast.
Chavo231
When is the Confirmation? What do I need to pay attention for? :)
TradeHubJapan
@Chavo231, It's depend on the price action in 4H timeframe. Impulsive move is necessary & we have other confirmation based on our startegy.
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