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makuchaku

USDJPY Snipe zones : trapped sellers below July 2020 low

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
makuchaku Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Supply and Demand USDJPY usdjpylong trapped trappedtraders trapped-traders btmm beatthemarketmaker marketmakermethod snipe-zone
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supplyanddemand usdjpy usdjpylong trapped trappedtraders trapped-traders btmm beatthemarketmaker marketmakermethod snipe-zone
A large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
Comment:
Snipe zones are formed from 30m timeframe
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