SMBT # 4 USDJPY 1 HR
The weekly and daily shows me a downtrend
Currently the DXY at Dec 29th, 2020 is on a downtrend.
On the Daily its on a uptrend but its a secondary trend (smaller trend to the bigger trend)
1 hour you see an flag pattern forming to the downside.
Place a sell order at the 1 hr 61.8 zone.
SL place at the next liquidity spot on the upside.
TP place on the Week Liquidity zone
Currently the DXY at Dec 29th, 2020 is on a downtrend.
On the Daily its on a uptrend but its a secondary trend (smaller trend to the bigger trend)
1 hour you see an flag pattern forming to the downside.
Place a sell order at the 1 hr 61.8 zone.
SL place at the next liquidity spot on the upside.
TP place on the Week Liquidity zone
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