USDJPY buy to sell idea
after a strong bullish runup, in higher timeframe market is now currently ranging , in 4h timeframe market form double top liquidity and selloff which is more likely to be taken out so overall I am more bullish.
the trading idea takes place in 1h timeframe, there was a large imbalance untested supply was there which is more likely to be tested. in current scenario market broke all its structure and there is resistance above so if market came to my defined demand then with confirmation i will go for long to that imbalance supply .
as above it there was liquidity which needed to be taken out so i am not quite sure about the short idea
the trading idea takes place in 1h timeframe, there was a large imbalance untested supply was there which is more likely to be tested. in current scenario market broke all its structure and there is resistance above so if market came to my defined demand then with confirmation i will go for long to that imbalance supply .
as above it there was liquidity which needed to be taken out so i am not quite sure about the short idea
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