USDJPY - Beware!

١٠ سبتمبر ٢٠٢٠

Although this looks like a great sell, I would wait for additional confirmation, price could easily hit the horizontal line marked and reject to the upside. For a safer alternative, consider waiting for a break below of structure followed by a re-test before considering a sell position.

IG Client Sentiment - 50/50
COT Data - 55% Long