USDJPY SELL TO BUY SCENARIO
USDJPY is currently in an uptrend as indicated with Purple line, however price has been trending down but has now broken structure back again to the upside. Aggressive traders can look to take SHORTS into the demand zone as price has failed to break supply zone and is currently reacting. Price now has higher probability to travel south to mitigate the zone which would then give us opportunity to go LONG in the demand zone which potentially is now a point of interest.
Always apply proper money and risk management while taking trades.
Always apply proper money and risk management while taking trades.
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