USD/JPY short (4/7 3am-?)
on this current pair, price has been in retracement and in a bearish pattern, after a touch of a significant order block.
as price shows itself to be bearish, I saw market structure being respected, and price wanting to make lower lows, while banks continue to attempt to grab liquidity from both sides. the importance of something like this is PATIENCE.
Definitely felt uneasy many times seeing price go against trend, but partially this is bc i got in early, during the day. This could be unproductive, since we want volatility in our favor, but since the market structure was SO apparent, i had faith in the trade and in the market continuing its push to the downside.
as price shows itself to be bearish, I saw market structure being respected, and price wanting to make lower lows, while banks continue to attempt to grab liquidity from both sides. the importance of something like this is PATIENCE.
Definitely felt uneasy many times seeing price go against trend, but partially this is bc i got in early, during the day. This could be unproductive, since we want volatility in our favor, but since the market structure was SO apparent, i had faith in the trade and in the market continuing its push to the downside.
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