The05C

The05C

Key level on the 1hr did not hold. Price at premium zone. Waited for the price to get to the discount zone , used the extreme ob on the 5mins timeframe to buy. Still bullish on usdjpy . Easy stuff.

The05C

we framed our bias from the monthly timeframe on the daily timeframe the daily rejects the daily bb and we have a sweep and a break of the market structure on the 4hr timeframe, hence on the 1hr we have our entry on the breaker close to the nearest liquidity. overall trend is bullish.