USDJPY Short
USD/JPY Short Trade Analysis
This trade is purely structure-based, as I do not trade news events like Inauguration Day. My focus is entirely on price action and market structure.
The market recently dipped below the structural level at 156.310, signaling a potential bearish continuation. Currently, it's forming its Outside Return (OR)—a pullback that aligns with the broader downtrend. My target for this trade is the next key support level at 154.551, consistent with the ongoing bearish sentiment.
Staying true to market structure and ignoring news helps me maintain a disciplined and objective trading strategy.
This trade is purely structure-based, as I do not trade news events like Inauguration Day. My focus is entirely on price action and market structure.
The market recently dipped below the structural level at 156.310, signaling a potential bearish continuation. Currently, it's forming its Outside Return (OR)—a pullback that aligns with the broader downtrend. My target for this trade is the next key support level at 154.551, consistent with the ongoing bearish sentiment.
Staying true to market structure and ignoring news helps me maintain a disciplined and objective trading strategy.
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