USD/JPY : First Long, Then SHORT ! (READ THE CAPTION)
By analyzing the USD/JPY chart on the 4-hour timeframe, we can see that after a sharp decline, the price created a large liquidity gap, which has just been filled at the moment. Currently, the price is trading around the 145.660 level, and after an initial bullish move, I’m expecting a further correction. So, first a LONG position, then a SHORT!
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Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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By analyzing the USD/JPY chart on the 4-hour timeframe, we can see that, as I mentioned earlier, I expected an initial LONG from USD/JPY, which resulted in a rise of over 140 pips, reaching 147.230. After that, we saw a minor correction in the price. Only if the price fails to break above this level again can we expect a further correction.
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📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT
⚜️Join our VIP Channel : t.me/ArmanShabanTrading
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Related publications
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.