We have been calling this level on USDJPY for several days now, as 109.110 also corresponds to 100% extension. However topping tails on 1H chart and resistance ahead are slowing down USDJPY rally. This is the main reason why we believe any long positions should be lighten up, meaning liquidating half or more than half of the position in order to protect profits ...Read More
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg "[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions")
![[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry](https://c.mql5.com/6/1006/splash-preview-770298.png "[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry")