16/5/2023 EURJPY Current Price MAPPING

1) HTF Structure still on bullish mode
2) TF H1 constructing a inducement trap (not complete yet)
3) Im waiting for sell position (148.50) above snr level due to market trap
4) If price drive above without clear inducement structure i do not taking this sell trade

Comment:

1) Price has complete inducement structure on 148.1 level
2) waiting for sell position 148.5 level with rejection candle

Trade active:

1) Im try to sell off early due to price show sign of weakness
2) Sl on same area

Trade active:

1) price reject 30 pips below level
2) set SL to breakeven to elimiinate risk from trading