USDJPY high probability setup

Scenario #1
After yesterday strong bearish engulfing, that engulfed 2 daily candle before.
Today, the market try to retrace and might be testing the key resistance.
if bounce or cannot break the resistance or daily candle closed below this level,
we go short with target to the key support.

Scenario #2
If the daily candle break the resistance...
we will wait and see for a
retrace, confirmation, continuation and possible long.

İşlem aktif:

scenario #1 is ON.
yesterday daily candle close below the resistance.
but today, the price is trying so hard to break the key level resistance,

Yorum:

today, the price try to break the 104 level..
but fail.
so, scenario #1 is still ON!

Yorum:

its happening :) hooray

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Yesterday, my trade was activated with scenario #1
Lets see where its going

Yorum:

ups..

Yorum:

bear and bull still fighting on the key level resistance...

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yesterday, bear win the fight..
price break again the key resistance...

Yorum:

consolidating on the key resistance...

Yorum:

many traders was trap to go long...
today.. bear might win the day..

Yorum:

another consolidation

İşlem kapandı: durdurma seviyesi