THREE AREAS TO POTENTIALLY BUY FROM
USD/JPY 4H - As you can see price has left without us, failing to trade down and into the two zones I had marked out below, instead price swept just above before taking its next hike.
I dont want to miss the next bull-run and I believe price will have to come down and into the last sell to buy region we have here on the 4H timeframe, all I have done is gone ahead and refined the area slightly for us.
I have marked out the hidden order block that lays in the same area as the last sell to buy region. I would like for price to clear this inefficient structure, pick up more demand and take off to the upside.
We could look to short this market before we go long, but with it being a prevailing bullish trend as we know that is going to be somewhat risky, so its important that if we do go short we wait for confirmation first.
I dont want to miss the next bull-run and I believe price will have to come down and into the last sell to buy region we have here on the 4H timeframe, all I have done is gone ahead and refined the area slightly for us.
I have marked out the hidden order block that lays in the same area as the last sell to buy region. I would like for price to clear this inefficient structure, pick up more demand and take off to the upside.
We could look to short this market before we go long, but with it being a prevailing bullish trend as we know that is going to be somewhat risky, so its important that if we do go short we wait for confirmation first.
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