A reversal at this order block will trigger a sell for me.
Another JPY pair possibly finally breaking out of range. Proper retest and ill buy.
Willing to take a chance that there are still pending orders in that area. Limit set. Min risk.
GJ has been a ugly little monster lately so dont bet to heavy on it but a nice reversal and I will take my chance on the short at half what I usually risk. Only cause this is still ranging and can leave rang any time it pleases.
Of course its invalid if it breaks out of weekly downtrend here but it does not seem to have the strength. Only selling at double top in supply zone or break of the up trend line. Anything between is dangerous.
Could break and go lower. If it does sell, Its not like the buy will be immediate at the trend so I will make my decision then.
Of course, with every break out should be some sort of confirmation before entry but I do like the way this is setting up.