QSInvestments

USDJPY SUPPLY LEVEL SELL

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QSInvestments Uppdaterad   
OANDA:USDJPY   USA-dollar/Japansk yen
I have reason to believe price will be heading down. It reached the Supply Zone but cannot break through it. Also, there is a resistance line that price didn't close above yet within the zone. Now it may not reach 3:1 RR target because of the DZ waiting there. The DZ was violated, buyers were in control for a bit. So, there are buyers for sure. But the price didn't reach beyond 50% violation of the zone, which tells me there are more buyers. It's safe to just go for the 1.88:1 with your sights on the 3:1.
Trade stängt manuellt:
I took T1. for the 1.88:1, because as you can see that Demand Zone still had buyers as I predicted.

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