Dollar Yen Y'all
Bullish (BLUE & ORANGE):
- Higher Lows on 1D timeframe
- Multiple Retests on Red resistance zone which may lead to a possible breakout to 111.7 resistance
Looking for Long entries above resistance
SL below resistance, below previous Swing highs
TP is below next resistance and at trendline resistance
---
Bearish (GREEN & RED):
- At Red Resistance (Daily) and Blue Resistance (4H)
- Long Wicks seen on the 4H
- Bearish engulfing on the 2H
- Ascending Wedge (This may be bullish aswell)
- RSI Divergence on the 2H
Looking for short opportunities outside the wedge
SL midpoint of wedge
Multiple TPs above minor resistance (Blue)
---
Leaning more towards the bearish side for now.
Any feedback is appreciated.
Thanks for reading
- Higher Lows on 1D timeframe
- Multiple Retests on Red resistance zone which may lead to a possible breakout to 111.7 resistance
Looking for Long entries above resistance
SL below resistance, below previous Swing highs
TP is below next resistance and at trendline resistance
---
Bearish (GREEN & RED):
- At Red Resistance (Daily) and Blue Resistance (4H)
- Long Wicks seen on the 4H
- Bearish engulfing on the 2H
- Ascending Wedge (This may be bullish aswell)
- RSI Divergence on the 2H
Looking for short opportunities outside the wedge
SL midpoint of wedge
Multiple TPs above minor resistance (Blue)
---
Leaning more towards the bearish side for now.
Any feedback is appreciated.
Thanks for reading
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.