USDJPY Bearish order block. 15 min chart.
Updated
A strong impulsive move that left an imbalance on the 15 Min after leaving behind some liquidity proves a valid bearish order block for a trend continuation trade. I've measured with the Fibonacci retracement, it aligns with the 61.8% level. As well as using the volume profile sentiment of recent price history. (Valid POC). Hence, price could potentially retrace to this bearish order block before continue pushing downwards.
Trade closed: target reached
Well, it worked.
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