After a sharp bullish run price tapped into the liquidity zone and showed signs of rejection at
strong resistance, suggesting exhaustion of buyers. we now expect a potential correction phase or a bearish reversal.
TRADE IDEA: We consider selling #USDJPY only on consolidation below 146.80;
TARGET: 145.50
SL: Above 147.200 (liquidity sweep)
watch for clean break and retest of mid-support for confirmation ideal setup for intraday traders.
Smart trading isn't about prediction it's about preparation lets the market come to you.
Like & comment if you find this analysis helpful!
TEAM: PRICE ACTION MATRIX
strong resistance, suggesting exhaustion of buyers. we now expect a potential correction phase or a bearish reversal.
TRADE IDEA: We consider selling #USDJPY only on consolidation below 146.80;
TARGET: 145.50
SL: Above 147.200 (liquidity sweep)
watch for clean break and retest of mid-support for confirmation ideal setup for intraday traders.
Smart trading isn't about prediction it's about preparation lets the market come to you.
Like & comment if you find this analysis helpful!
TEAM: PRICE ACTION MATRIX
交易進行
交易結束:達到停損點
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JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
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t.me/+wX1pwTyx-0VmODI0
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
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