USDJPY SELL: My First 2025 trade.

3 lut

Good morning traders and Happy New Year.

This is my first 2025 trade: USDJPY Sell. Analysis or commentary will come later.

Cheers and Happy trading.

4 lut

Zlecenie aktywne

USDJPY Trade commentary.

1. OVERVIEW:

The market on Monday opened within Friday’s range, indicating a lack of strong directional bias. This suggested that price action would likely respond to key levels from the previous session.

(A) Sellers were expected to become aggressive above 155.22, a critical resistance zone.
(B) Buyers were anticipated to step in below 154.512, a key support area.

2. IDEA:

As expected, the market initially rallied above 155.22, likely triggering retail traders into long positions. However, upon reaching a major resistance zone near Wednesday’s high, strong seller rejection emerged, signaling the presence of institutional activity.

Instead of entering prematurely, I waited for price to drop back below 155.530, confirming a shift in market control due to seller absorption, also confirmed by a price action pattern, thus strengthening my conviction for a short position.

I pulled the trigger at 155.483, targeting 154.45.

3. CONCLUSION:

This trade setup was carefully planned by evaluating key technical levels, price action dynamics, and liquidity flows. Once all critical conditions aligned perfectly, it provided a high-confidence confirmation that sellers were in control, positioning the market for a downward move. The entry was executed with a 1:3.3 risk-to-reward ratio, ensuring an optimal balance between risk management and profit potential.

4 lut

Transakcja zamknięta: osiągnięto wyznaczony cel

The result.

3.33RR