Get started
BodiesXWix

USDJPY Smart Money Play (Idea)

U.S. Dollar / Japanese Yen (FX:USDJPY)  
BodiesXWix  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Candlestick Analysis Beyond Technical Analysis smartmoney smartmoneytrading smartmoneyconcept SMARTMONEYFX USDJPY usdjpylong usdjpyanalysis smartmoneysetup
7
0
trendanalysis candlestick beyondta smartmoney smartmoneytrading smartmoneyconcept smartmoneyfx usdjpy usdjpylong usdjpyanalysis smartmoneysetup
USDJPY On the 45M chart I noticed a solid sell to buy candle. No wicks. Seems like an institutional candle that needs to be mitigated. Plenty of imbalances in the bullish candles following that need to be filled. IF (BIG IF) we see USDJPY have a large pull back, I think we could see a buy at the 104.765 area. SL is less than 20 pips with a great return, almost 7:1, to the high. Crossing my fingers for the pullback.
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.