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Money is flying into JPY. Potential Quasimodo forming

by Saul L, December 5, 2021

USD/JPY D1 S n D

by Saul Lokier December 5, 2021

3
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USD/JPY

|

Short

|

D1

Timeframe:

D1

Analysis Method:

S n D

Analysis:

We see a general strengthening of JPY as inflation projections and uncertainty increases in the US and Europe

Trade Plan:

wait for a retracement to fresh supply

Risk Management:

SL above supply zone

Things To Watch For:

How price approaches de zone, I prefer compresion

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