Hope everyone is doing great 📌 A look at USDJPY from MULTI TIME-FRAME ANALYSIS
USDJPY 4H TF
* Tue. opens strongly bearish with the 7am SAT possibly forming a CHOCH on the 4H * Trading out of a sweep on an long term high. * 4H iFVG formed * This is where I would to short the USDJPY should this structure be respected.
* looking for PO3 rules towards the upside to continue lower.
* The weekly & daily TF show we are still showing signs of a BEARISH move still. * But seems we may see a push up before continuation with the bears with resting LQ above. * USDJPY took External range LQ, looking for that internal range LQ to be taken. * We are trading in DISCOUNT of the move,This is where I would be looking for short entries.
* We saw a rally with the bears, strong momentum to the downside. * Looking at the 1H FVG, this is where I would look for SHORT entries this week. * Should this PD ARRAY hold will be SHORT for the GJ intraday.
* BASED on the price action served.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________
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LOVELY TRADING WEEK TO YOU!
Note
* Intra-day set up ( ny session)
* inversion set-up aggressive entry.
breakout and pd array mitigation set-up
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