AlkalineFX

❗ USDJPY: Unimaginable Highs ⚑

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Crazy right?!😲 Who would have thought we would be back trading at the 1998 highs? Well, here we are.

Sooooo what is the game plan now?

Ideally, we need to figure out a zone to sell from! πŸ‘‡

So let's figure that out together:

Where is everyone trying to sell from currently?

⚑ The supply zone we are currently trading in.

Where will everyone's stop losses be if they are selling now in this supply zone?

⚑ Above the high.

So where can we expect liquidity and stop loss hunting?

⚑ Above the high.

Great! Now wait for the liquidity grab and begin your search for possible sells once that is complete.

Happy trading folks!! πŸ˜€πŸ˜πŸ˜†

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