USDJPY Possible short

vor 4 Tagen

Although sellers appear to primarily be in control at the moment, Im leaning towards a slight push up back into the zone of 153.792 or previous Equal Highs/supply zone, as it's much closer to where price currently is. Once price reaches this area, I would pay attention to specific rejection candles if any should form, then anticipate the downward push towards the unmitigated demand zone of 149.226. This zone previously initiated an impulsive move that broke structure at 150.235 and rode all the way up to 153.152, thus adding more likelihood of price pushing back down to that good strong demand/order block.