In my initial trade shared during the Asian session, USDJPY swept the sell-side liquidity and formed a clear Fair Value Gap (FVG). Price action has now provided a refined entry point for a continuation short setup.
The recent liquidity sweep, followed by displacement, suggests that the market may aim for the recent low — with the potential to push even further if bearish momentum continues. My short position is now aligned with this structure, and I’ll be watching closely for signs of continuation or rejection near key support levels.
The recent liquidity sweep, followed by displacement, suggests that the market may aim for the recent low — with the potential to push even further if bearish momentum continues. My short position is now aligned with this structure, and I’ll be watching closely for signs of continuation or rejection near key support levels.
Trade closed: target reached
Target Profit. Hit!
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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.