USD/JPY schould the bears take their chance ?

2024年10月28日

In recent weeks, we’ve seen a massive bullish movement. I believe many have been anticipating a bearish pullback or pivot. The market has now entered my daily supply zone, with indicators suggesting a potential bearish move ahead.

Switching to the 4-hour timeframe, I don’t see a supply zone that meets my criteria when looking to the left. I’ll wait for the market to establish a current supply zone, which could present an entry opportunity soon.

What I’m looking for now is a clear rejection favoring the bears to confirm a strong bearish move.

2024年10月30日

注释

Stil in Daily Suply zone, created a new 4-Hour supply zone. If the candle closes as a rejection i go in for a Short.