USD/JPY Forecast Update 📊
Currently, the USD/JPY is creating a liquidity move, indicating potential retracement on the H4 time frame. The price is showing signs of a possible reversal. If the retracement occurs, here are the key targets:
1️⃣ First Target: Order Block (OB) Zone.
2️⃣ Second Target: Fair Value Gap (FVG) Zone.
The price could move down towards these levels. If a reversal occurs near the OB zone or FVG line, it could present a buy trade opportunity.
Stay alert and be ready to catch both the retracement and the continuation move! 🚀
Currently, the USD/JPY is creating a liquidity move, indicating potential retracement on the H4 time frame. The price is showing signs of a possible reversal. If the retracement occurs, here are the key targets:
1️⃣ First Target: Order Block (OB) Zone.
2️⃣ Second Target: Fair Value Gap (FVG) Zone.
The price could move down towards these levels. If a reversal occurs near the OB zone or FVG line, it could present a buy trade opportunity.
Stay alert and be ready to catch both the retracement and the continuation move! 🚀
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.
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.