❗ USDJPY: Unimaginable Highs ⚡
Crazy right?!😲 Who would have thought we would be back trading at the 1998 highs? Well, here we are.
Sooooo what is the game plan now?
Ideally, we need to figure out a zone to sell from! 👇
So let's figure that out together:
Where is everyone trying to sell from currently?
⚡ The supply zone we are currently trading in.
Where will everyone's stop losses be if they are selling now in this supply zone?
⚡ Above the high.
So where can we expect liquidity and stop loss hunting?
⚡ Above the high.
Great! Now wait for the liquidity grab and begin your search for possible sells once that is complete.
Happy trading folks!! 😀😁😆
Sooooo what is the game plan now?
Ideally, we need to figure out a zone to sell from! 👇
So let's figure that out together:
Where is everyone trying to sell from currently?
⚡ The supply zone we are currently trading in.
Where will everyone's stop losses be if they are selling now in this supply zone?
⚡ Above the high.
So where can we expect liquidity and stop loss hunting?
⚡ Above the high.
Great! Now wait for the liquidity grab and begin your search for possible sells once that is complete.
Happy trading folks!! 😀😁😆
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