USDJPY high probability setup

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Scenario #1
After yesterday strong bearish engulfing, that engulfed 2 daily candle before.
Today, the market try to retrace and might be testing the key resistance.
if bounce or cannot break the resistance or daily candle closed below this level,
we go short with target to the key support.

Scenario #2
If the daily candle break the resistance...
we will wait and see for a
retrace, confirmation, continuation and possible long.



Trade attivo
scenario #1 is ON.
yesterday daily candle close below the resistance.
but today, the price is trying so hard to break the key level resistance,
Nota
today, the price try to break the 104 level..
but fail.
so, scenario #1 is still ON!
Nota
its happening :) hooray
Nota
Yesterday, my trade was activated with scenario #1
Lets see where its going
Nota
ups..
Nota
bear and bull still fighting on the key level resistance...
Nota
yesterday, bear win the fight..
price break again the key resistance...
Nota
consolidating on the key resistance...
Nota
many traders was trap to go long...
today.. bear might win the day..
Nota
another consolidation
Trade chiuso: stop raggiunto

Declinazione di responsabilità