Fridrex

USD/JPY liquidity zone

Fridrex Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
I shorted this pair from 136.600 on breakthrough through the flag from Wednesday. That was great and easy one. Now I am waiting here for drill this liquidity zone and then I will decide my position.

But also we can open here a short if it break through the 132.500 price and if it bounce from it we just buy. Nothing complex. Just give attention to 132.500 lvl and this one will show you what you need to do next.

Good luck.
Fridrex.
Trade active:
We accumulated a lot of liquidity in this zone. And then price has just showed us default TA pattern with broken level and bounce from this level. So far we have only long here till we brake 133.00 again.
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.