Here you see a short term idea on USDJPY based on our most recent shift in the market, now this idea is not our overall bias for this pair but an idea that could offer a short term trade.
of course if we break pas this area of supply shown we are watching the range to play us higher into the supply from our 8 hour swing, if we do play lower from the area shown then il be looking to take a low entry trade into some of our unmitigated price action below.
not holding my breath for this one but thought it was worth a share for any eagle eyed traders at market open.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
of course if we break pas this area of supply shown we are watching the range to play us higher into the supply from our 8 hour swing, if we do play lower from the area shown then il be looking to take a low entry trade into some of our unmitigated price action below.
not holding my breath for this one but thought it was worth a share for any eagle eyed traders at market open.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
