MAJOR JPY BUY
Yen has been the weakest currency of them all. but not any more.
*The daily trend line is also coming into play!
Also fundamentally speaking the ecb is a long way from hiking rates. & most of this move is from the hawkish ecb press conference this month on Feb 4th.
the next ECB Rate Decision and Press Conference is on March 10th. LoL , how much do you think is going to change in a month, after Lagarde has said Q1 Growth is subdued!
(To Be Continued.. See u in March!)
*The daily trend line is also coming into play!
Also fundamentally speaking the ecb is a long way from hiking rates. & most of this move is from the hawkish ecb press conference this month on Feb 4th.
the next ECB Rate Decision and Press Conference is on March 10th. LoL , how much do you think is going to change in a month, after Lagarde has said Q1 Growth is subdued!
(To Be Continued.. See u in March!)
Trade active
so far so good. let's see how this week ends ... but for now Note
UPDATE: Perfect! The 4hr "W" Harmonic Deep Crab played out nice and well
now look at this chart as well:
WE BOUNCED OFF OF (.875) FIB LEVEL .. Should we continue along the fib, the 129.2 price @ the (.75) fib level.. Then we know for a fact, we are good. AT THIS POINT, Just getting to sub 130, would be a BLESSING!
Note
WEEK 1 UPDATED!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.