USD JPY is on a bulish direction which broke structure at 148.784 and while breaking the structure it create a form of little higher highs which are known as inducement to trap in retail traders stop loss which is also known as internal liquidity, which is indicated with the symbol of ($).
Below the internal liquidity there is a visible imbalance which is indicated with a (sky blue bar) which is above an order block.
Seeing this bullish break of structure, imbalance, internal liquidity and order block give you a strong confirmation of a buy at 147.086 with the stop loss below the other block at 145.858 and take profit at 150.889.
Below the internal liquidity there is a visible imbalance which is indicated with a (sky blue bar) which is above an order block.
Seeing this bullish break of structure, imbalance, internal liquidity and order block give you a strong confirmation of a buy at 147.086 with the stop loss below the other block at 145.858 and take profit at 150.889.