USDJPY / TRADING ABOVE DEMAND ZONE AND FVG / 4H
Updated
USDJPY / 4H TIME FRAME
HELLO TRADERS
Current Price Action , Prices are currently trading below the supply zone between 148.623 and 149.360 , The next target seems to be the demand zone (A) between 147.164 and 146.062.
Potential Outcomes , If prices reach the demand zone (A) and hold above it, a bullish reversal may occur, potentially pushing prices back toward the supply zone ,If prices break below demand zone (A), they may drop to the Fair Value Gap (FVG) zone (B) between 145.321 and 144.268.
Further Movements , If prices stabilize below zone (B), the next targets would be zone (C) around 142.817 and further down to 141.801 , Conversely, if prices stabilize above demand zone (A), it indicates potential upward momentum, aiming back toward supply zone 148.623 to 149.360.
Supply Zone : 148.623 and 149.360.
Demand Zone : 147.164 and 146.062 , 142.817 and 141.801.
FVG :145.321 and 144.268.
HELLO TRADERS
Current Price Action , Prices are currently trading below the supply zone between 148.623 and 149.360 , The next target seems to be the demand zone (A) between 147.164 and 146.062.
Potential Outcomes , If prices reach the demand zone (A) and hold above it, a bullish reversal may occur, potentially pushing prices back toward the supply zone ,If prices break below demand zone (A), they may drop to the Fair Value Gap (FVG) zone (B) between 145.321 and 144.268.
Further Movements , If prices stabilize below zone (B), the next targets would be zone (C) around 142.817 and further down to 141.801 , Conversely, if prices stabilize above demand zone (A), it indicates potential upward momentum, aiming back toward supply zone 148.623 to 149.360.
Supply Zone : 148.623 and 149.360.
Demand Zone : 147.164 and 146.062 , 142.817 and 141.801.
FVG :145.321 and 144.268.
Trade closed: target reached
UPDATE
reached full target +170 pip profit.
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