Looking at the 4H chart, USD/JPY has formed a massive order blockorder block: The final opposite-colored candlestick before an aggressive, market-breaking move, representing where institutions accumulated massive positions. right at 150.00. Since we are heading into the New York overlap at 3 PM EAT, we should see a lotlot: The standardized quantity of a financial instrument being traded. In Forex, one standard lot is 100,000 units of the base currency. of volume. Anyone else looking to longlong: Buying a currency pair with the expectation that its value will rise. this if we see a break of structurebreak of structure: A technical event where the price cleanly breaks and closes beyond a previous structural peak or trough, confirming trend continuation. on the 15m?
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