Snick3rSD

USDJPY - Expect retracement !!

Long
Snick3rSD Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello traders!
‼️ This is my perspective on USDJPY.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. For now I expect price to make a retracement to fill that huge imbalance lower and then to reject from bullish order block

Fundamental news: Tomorrow (GMT+3) we have important news in USA, we will see results of CPI and Interest Rate. As well on Friday we will have news regarding Interest Rate in Japan. Pay attention to the result in order to validate the analysis.

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Trade active:
Long active
Trade closed manually:
Closed trade on 1.5R profit as price rejected from liquidity zone.

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