mrjones2020

USDJPY...The Stuff of Nightmares....

Kort
OANDA:USDJPY   USA-dollar/Japansk yen
So I'll cut to the chase, as we may not have much time.... USDJPY Signaling Major Risk Off move, we've only seen the beginning of the "Blood in the streets" "Buy the Dip" moment, IMO.

Take profits, be safe. Protect against Risk Off/Liquidity events, in these globally connected markets...they can cascade quickly, biblically.

4 previous times I've had this signal (it's not related to any indicator on the chart, so don't look for it there). The 4 signals were all correct, and their avg dump to the downside was 970ish pips ( I rounded ). Projected from our current Top....it's a beautiful ICT style PDArray from an area of Premium, to a nice Discount accumulation (tbd at that point).

As always, practice solid risk management, and good luck trading.

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