**📉 USDJPY – Liquidity Grab Before Continuation Down**
📍 *Update to previous publication*
Following further technical analysis, the current price action suggests a **short-term bullish move** on USDJPY — likely acting as a **liquidity grab over previous session highs**.
This corrective movement is expected **before price resumes its broader bearish direction**.
🔍 Key observations:
* Price may seek short-term buy-side liquidity above recent highs.
* Liquidity engineering likely, especially around the **148.800 zone**.
* My **bias remains bearish**, but only **after liquidity is taken** and structure confirms a reversal.
Waiting for signs of exhaustion or confirmation around the upper FVG to align with the primary short thesis.
---DO NOT USE AS SIGNAL OR ANY OF A KIND--
EMERSON MASSAWE
COO | FINANCIAL MARKET ANALYST 6+
Trade active
In addition, the SL displayed is just random so do TPi believe as a trader we need to be autonomous risk manager.
this post is for educational purposes only!!
thanks all.
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.
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.