From the higher timeframe orderflow USDJPY is on a downtrend.
Price is at a premium level after coming from breaking the market structure on the higher timeframe.
If we see a complete wyckoff distribution I will take the trade to the downside from the lps
Price is at a premium level after coming from breaking the market structure on the higher timeframe.
If we see a complete wyckoff distribution I will take the trade to the downside from the lps
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Disclaimer
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.