FX_IDC:USDJPY   Dolar U.S/ Yen Jepun
Hello traders!

I'm expecting a nice trade setup for USDJPY             .
As of now, I'm waiting for a good signal from the structure highlighted in purple.
If it breaks to the downside, then I'm expecting to trade within the blue trend-line. However if it breaks this wave structure, then a short entry setup will be valid.

If a strong bullish moves happens, then we should expect a move to the supply zone .


As always, it doesn't matter which side of the market your trading, its the strong confirmations that will tells you which side to trade...

Happy trading :)!
- Abdulla
Perdagangan aktif: As we can see, a breakout of the purple structure has happened - Target is the Supply zone.
Perdagangan tutup: sasaran tercapai: Target reached! $$$$$$$
Join me on Telegram: https://t.me/abdullatrader
Just wondering how do you spot the supply zones?
Balas
What does the structure that is surrounded by purple lines mean to you?
Balas
@HudaAli, It could be a distribution structure or a re-accumulation structure depending on how it will act. Since it broke the upper resistance line, then it was a re-accumulation as you can see.
Balas
HudaAli abdullatrader
@AAlFadhala, Interesting, trading distribution/accumulation is a new technique to me. I will read about 'em. Thanks for your reply.
Balas
Wish you good luck and many green pips always
Regards,
Saad
Balas
abdullatrader saadaljuhani1
@saadaljuhani1, Thank you :)!
Balas
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