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Thursday, May 15, 2025

USDJPY Repriced for a Better Short Opportunity

USDJPY Repriced for a Better Short Opportunity

US Dollar / Japanese Yen CAPITALCOM:USDJPY

In my initial trade shared during the Asian session, USDJPY swept the sell-side liquidity and formed a clear Fair Value Gap (FVG). Price action has now provided a refined entry point for a continuation short setup.

The recent liquidity sweep, followed by displacement, suggests that the market may aim for the recent low — with the potential to push even further if bearish momentum continues. My short position is now aligned with this structure, and I’ll be watching closely for signs of continuation or rejection near key support levels.



source https://www.tradingview.com/chart/USDJPY/mkrsO1YT-USDJPY-Repriced-for-a-Better-Short-Opportunity/

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