USDJPY: Breakout Trap ⚠️

Have buyers been lured in with a clean breakout creating support? It is a possibility.

If this is the case, I would like to see some sells from this region.

The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region.

For this sell to work, price cannot pass the high marked or the setup will be invalidated.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬

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Komen:

Unless price dips here, the idea is invalid.

I never got an entry because of no BOS.