Short-term Long position USDJPY

Relative equal highs at the price level of 137.830, Price will most likely target this area for a liquidity Grab. This has also been a significant area where price has fallen each time it comes into this zone. Before getting in the market for short positions, I would wait for price to renter this zone again on its third attempt to move beyond the 138.00 price level before thinking of going in for long-term long positions. Let's see how this plays out, Happy Trading!

Trade fermée: cible de profit atteinte:

Happy Trading!!