USDJPY– W1 Technical Analysis

USDJPY– W1 Technical Analysis

FORECAST: SELL

Price has extracted liquidity at 123.697. The pair is currently BUYING and headed for the weekly liquidity pool at 135.058.

SCENARIO 1: (Line Arrow)
Anticipating a sell at any moment, sentiment changes from a strong bullish trend due to earned swap fees.

SCENARIO 2: (Dotted Arrow)
Price will clear out the weekly liquidity pool before it goes down.

Sentimental Analysis: Current

71% - Selling
29% - Buying

CURRENT SIGNAL: BUY
TRADE CALL: Waiting for SELL signal