Hi All,
Firstly, I want to congrats to traders who short the market for the last few months. Well done!!!
Those who is waiting for LONG opportunity, let’s get ready for sniper entry.
Here is my prediction and entry on USD/JPY. As you can see, the orange zone around $139-$140 is extremely strong zone. Prices reverse 3 times on this level. On 22 March 2025, the closed daily candle was formed a hammer candle and followed by a strong bullish candle next day which indicates potential reversal to upward.
The RSI indicator line is showing upward momentum as well.
We also have bullish divergence on the volume indicator. As you can see, the volume was going to sideway where as the price was heading to the orange zone.
These confluence is supporting me to enter LONG. Therefore, I entered 3 entry at different price point which is $143.50, $142.996, $144.70.