📝 Trade Rationale – Long on JPY225
At the time of entry, JPY225 was trading near the top of the volume profile, a location that often signals potential reversal. However, the order flow and structure pointed to continuation, not rejection.
🔍 DOM Insight
The DOM showed more passive buy orders (bids) than sell orders (asks), especially stacked near and below current price. This indicated strong underlying demand, with little resistance above — a sign the market was supported and had room to rise.
📊 Footprint Confirmation
There were no signs of buyer exhaustion:
Aggressive buyers continued lifting the offer with no stalling.
No large buy imbalances were getting absorbed.
Delta remained healthy and supportive of higher prices.
✅ Conclusion
With the DOM padded below, the footprint showing no fatigue, and structure supporting upward movement, the long trade aligned with buyer control and suggested continuation through highs, not a reversal.
ibb.co/N6HGwTxY
ibb.co/gLBj7QVH
dom and footprint at time of trade
At the time of entry, JPY225 was trading near the top of the volume profile, a location that often signals potential reversal. However, the order flow and structure pointed to continuation, not rejection.
🔍 DOM Insight
The DOM showed more passive buy orders (bids) than sell orders (asks), especially stacked near and below current price. This indicated strong underlying demand, with little resistance above — a sign the market was supported and had room to rise.
📊 Footprint Confirmation
There were no signs of buyer exhaustion:
Aggressive buyers continued lifting the offer with no stalling.
No large buy imbalances were getting absorbed.
Delta remained healthy and supportive of higher prices.
✅ Conclusion
With the DOM padded below, the footprint showing no fatigue, and structure supporting upward movement, the long trade aligned with buyer control and suggested continuation through highs, not a reversal.
ibb.co/N6HGwTxY
ibb.co/gLBj7QVH
dom and footprint at time of trade
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.