USDJPY Unfair Price
Updated
Fundamentals: Japan Surging Inflation, Fed hikes already priced in to a maximum
Technicals: b-shaped volume profile, suggesting we are in unfair price territory and Longs are leaving the market
1st Target at POC, 2nd Target Lower Edge of fair value.
Technicals: b-shaped volume profile, suggesting we are in unfair price territory and Longs are leaving the market
1st Target at POC, 2nd Target Lower Edge of fair value.
Comment
Risk: Recent Resistance becomes support -> in that case buy stop hunts (liquidity below the resistance)Comment
Long Term Target could be 100, below the covid low
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