USDJPY: Is That a Bearish Trap?! ๐บ๐ธ๐ฏ๐ต
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https://www.tradingview.com/x/I8P6mZNU/
Feels like we have a bearish trap on USDJPY.
The pair looks very oversold after FOMC yesterday.
Testing the key daily structure, the price went below that
but then quickly recovered, making me think that the violation was false.
We can anticipate a pullback now to 142.76
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Feels like we have a bearish trap on USDJPY.
The pair looks very oversold after FOMC yesterday.
Testing the key daily structure, the price went below that
but then quickly recovered, making me think that the violation was false.
We can anticipate a pullback now to 142.76
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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