Usdjpy is clearly bullish on the higher monthly timeframe, it broke out of a support looking at the weekly and now I'm expecting a retracement to a key Fibonacci level, within that anticipated key level, I have seen a liquidity zone to be taken out, so I want to do a short sell once I see lower low movement then TP at the liquidity zone. Then I will now begin to anticipate a buy move to ower initial bullish bias.
Please let me know your thoughts in the comment section.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.