USDJPY typical tricky monday. I must admit I have no clue what do you guys think looking at a higher timeframe. Coz am using a phone now am no where near my PC. Eid stuff.
USDJPY am waiting for 15min double bottom to break the neck to buy and am gonna buy the entore 1%. If we close below this supply zone and retest am selling big. Coz the weekly monentum is bearish. We just look for most liquid zones. MONDAYS ARE USUALLY VERY TRICKY
USDJPY Another drop or consolidation—that’s the question! This is where it gets interesting, as we're at the previous monthly support area. Personally, I believe momentum will drive it lower, forming a third consecutive bearish engulfing monthly candlestick.