USD/JPY ICT concepts based analysis.

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The market has rejected the upper FVG (Fair Value Gap) and made a significant move downwards. Subsequently, it rejected the lower sell-side liquidity and is now poised for a potential upward movement.

*Key Observations:*

1. *Rejection from Upper FVG:* The market's rejection from the upper FVG indicates a lack of buying interest at higher prices, leading to a downward move.
2. *Significant Downward Move:* The market's substantial downward movement suggests a strong bearish momentum.
3. *Rejection from Lower Sell-Side Liquidity:* The market's rejection from the lower sell-side liquidity area indicates a potential shift in market sentiment, possibly leading to an upward movement.

*Prediction:*

Based on the analysis, it seems likely that the market will move upwards and reject the 50% order block area. This rejection could lead to a move towards the lower sell-side liquidity.

*ICT Concepts:*

1. *Order Block:* The 50% order block area is likely to act as a resistance zone. A rejection from this area could confirm the bullish sentiment.
2. *Sell-Side Liquidity:* The market's potential move towards the lower sell-side liquidity area could be driven by the need to absorb the liquidity before reversing or continuing the trend.

*Trading Strategy:*

Considering the analysis, a potential trading strategy could involve:

1. *Long Position:* Entering a long position near the current price levels, targeting the 50% order block area and potentially extending to the lower sell-side liquidity area.
2. *Risk Management:* Setting stop-losses below the recent swing lows or lower sell-side liquidity area to manage risk.
3. *Trade Management:* Monitoring the market's reaction to the 50% order block area and adjusting the trading strategy accordingly.

Penafian

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