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Wait for reversal/breakout

by Saqib I, July 28, 2022

USD/JPY H4 vol/wav

by Saqib Iqbal July 28, 2022

3
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USD/JPY

|

Any

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

There’s strong demand zone around 134.00 area. Wait for a breakout and retest with a high volume. Alternatively, wait for a rejection bar and enter long.

Trade Plan:

buy on reversal or sell on breakout

Risk Management:

1%

Things To Watch For:

134.00

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