Elliotrowe

Selling USDJPY when it comes to my zone

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
So, as we know, big banks and institutions have to buy to sell in order to capture the liquidity in the market. The highlighted zone is indicating the buy which thenn was followed by the big sell move.

They are now bringing the market back up to mitigate out their buy position.
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