The explanation for this analysis is in the text on the chart This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels. I always wait for confirmations on lower timeframes This Analysis was done using my complete Strategy, which includes the: - Smart Money Concepts - Multi Timeframe Liquidity and Market Structure - Supply And Demand - Auction Theory - Volume Analysis - Footprint - Market Profile - Volume Profile - WYCKOFF - ETC
PD: excuse my poor english
Trade closed: target reached
Both TPs were hit! I had to publish a new chart because the JPY Futures contract rolled over, resulting in a large gap in the continuous contract that I initially shared. Here is the link to this new publication:
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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.