DislikedThis is a Non PVSRA trade so no need to bother to read any further, just put me on ignore. Just using volume and a little common sense. usdjpy So we see uj is in a downtrend. Volume is increasing on each move lower, showing those big bad MM's are selling. They are looking for the weak hands to bail, and testing for where the 'real buyers", i.e those who we need to pay attention to! are going to show up. 1st green arrow is diminishing signs of sellers, but with a big red wrb down to new lows (quite obviously the biggest red bar since 23 August)....Ignored
Thanks Lucy!