USDJPY 15M 20/04/2023
Currently, in the 15-minute timeframe, the price is hovering within the range of 134.354 to 134.262. We can expect the price to continue to move within this range until it reaches the closest liquidity target at 134.017. This target is the point where we could expect a significant amount of buying or selling activity.
However, if the price does not reach this target, we could potentially see a reaction in the range of 134.829 to 134.670. This range represents a potential area where buyers or sellers may enter the market, and traders should monitor this range closely for any potential trading opportunities.
Overall, the text highlights the importance of identifying key price levels and liquidity targets in the market, and being aware of potential reactions or trading opportunities in these areas. Traders should always exercise caution and make informed decisions based on market conditions and their individual trading strategies.
However, if the price does not reach this target, we could potentially see a reaction in the range of 134.829 to 134.670. This range represents a potential area where buyers or sellers may enter the market, and traders should monitor this range closely for any potential trading opportunities.
Overall, the text highlights the importance of identifying key price levels and liquidity targets in the market, and being aware of potential reactions or trading opportunities in these areas. Traders should always exercise caution and make informed decisions based on market conditions and their individual trading strategies.
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