USDJPY – 4H Rally-Base-Drop in Daily Supply
Price has rallied into a high-quality 4H Rally-Base-Drop supply zone, which is nested cleanly inside a Daily supply zone—offering strong confluence for a short setup.
I'm anticipating a reaction from this institutional imbalance area, with price rejecting from the 148.260–148.735 zone. The target is down toward 145.228, creating a potential 1:3+ RRR.
Price has rallied into a high-quality 4H Rally-Base-Drop supply zone, which is nested cleanly inside a Daily supply zone—offering strong confluence for a short setup.
I'm anticipating a reaction from this institutional imbalance area, with price rejecting from the 148.260–148.735 zone. The target is down toward 145.228, creating a potential 1:3+ RRR.
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