The entry filled and the call is being tracked candle by candle.
What is the logic behind this USDJPY short?
Written by the trader before the outcome was known, and never edited since.
Retesting resistance at 154.605, volume surged on the flip, liquidity swept, shorting here, invalidation above 154.630.
Thesis at publication
The longer case, also locked at publication.
This USDJPY short level is critical today as it retests a key support, with high volume confirming liquidity sweep. Invalidation occurs above 135.50, where price breaks resistance and enters new territory.
Market context
What was true around USDJPY when this call was published.
Among active calls posted on TradeDiscuss at that moment, 0% of 1 open USDJPY call from 1 trader were long.
This was among their first calls โ no graded record existed yet.
Discussion
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