long term sell on USDJPY
usdjpy is reaching a very important weekly and monthly buy side liquidity zone. looking at the cot report it looks like this week buyers having accelerated and sellers decreased which also is a huge sign of a decline . divergence on h4 timeframe is also lining up with my view. price might breach through weekly liquidity , however i will enter my trade based on the h4 timeframe with the possibility of 5R profits target the next liquidity zone
Disclaimer
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.