OANDA:USDJPY   דולר אמריקאי / יין יפני
After an initial bearish setup and a short trade closed at 2.5 RR, the market is now showing signs of resistance around 137.70. At this point, I have identified a potential demand zone, which is an area where the price could bounce before continuing its downward trend. However, this zone could also act as a strong resistance before we see the price go even lower. That's why, in case of a short trade, I have set a target price of 132.20.

Let me know what you think in the comments.

Have a nice trading day!

🏆 Exclusive access to Signals, Strategies, and 1-1 Mentorship: www.forex-48.com/trading

📊 FREE Watchlist: www.forex-48.com/free-watchlist

📚 FREE Course: www.forex-48.com/free-education

🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.