USDJPY is looking weak at the moment, but there is potential for it to turn around at this 4H bullish orderblock.
We will find out how this goes at US Session Open, in 45 mins!
We will find out how this goes at US Session Open, in 45 mins!
Note
+6.22 R in profits!
+60 pips
Can you see how the order blocks give you a tighter SL for a greater RR??
1:6.22 RR!
The key is order block allow you to identify the price point where price is protected. Price won't go back to that level, affording you a sniper entry.
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Related publications
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.