The market is soon heading to a discount.

٢٤ ديسمبر ٢٠٢٢

So that major drop last week was something. This really is a guess but I think the currency pair has one more sell off before the market reevaluates its position. From the fib retrace that I did it looks like the market is about to be extremely overbought soon and I guess when that happens this is when I personally would want to be preparing for a short. Its a big possibility that it can happen on midnight Monday morning but I will have my fingers crossed. It hit my first target on liquidity today. I believe my 2nd target will be hit before the market starts going down. I hope this Idea was insightful! And feel free to say hello!USDJPY