USDJPY: Are Sellers Ready? 💣
The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap.
Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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Please like, subscribe, and share this idea with others! ⬇️
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Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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Please like, subscribe, and share this idea with others! ⬇️
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