USDJPY: Breakout Trap ⚠️
Updated
Have buyers been lured in with a clean breakout creating support? It is a possibility.
If this is the case, I would like to see some sells from this region.
The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region.
For this sell to work, price cannot pass the high marked or the setup will be invalidated.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Please like, subscribe, and share this idea with others! ⬇️
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If this is the case, I would like to see some sells from this region.
The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region.
For this sell to work, price cannot pass the high marked or the setup will be invalidated.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
Note
Unless price dips here, the idea is invalid.I never got an entry because of no BOS.
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