Monthly: 
- We are very Bullish
- Broke an important S&D zone for EJ
- Made a subtle retest of it
Negative: -68 Fib Completion
Weekly:
- IC holding up the price
- Inv H&S Pattern (wicks in the head)
Daily:
- Double Top with a -68 Fib Completion
- Bullish Indicational Candle
- Will most likely form an Inv H&S
4H:
- On the 4H we can see more clearly what has happened
==> While forming the Daily Inv H&S we broke above possible S1 (Daily) region and started to make Decel there. Therefore I'm not expecting price to go back to that region!
==> We also now from XXX/JPY pairs that they not always touch the Lowest body of S1, therefore I take in count the whole IC as S1
- Bullish M
1H:
- -68 Fib Completion
==> I only use these LTF to perfection my entry and stop loss
- We are very Bullish
- Broke an important S&D zone for EJ
- Made a subtle retest of it
Negative: -68 Fib Completion
Weekly:
- IC holding up the price
- Inv H&S Pattern (wicks in the head)
Daily:
- Double Top with a -68 Fib Completion
- Bullish Indicational Candle
- Will most likely form an Inv H&S
4H:
- On the 4H we can see more clearly what has happened
==> While forming the Daily Inv H&S we broke above possible S1 (Daily) region and started to make Decel there. Therefore I'm not expecting price to go back to that region!
==> We also now from XXX/JPY pairs that they not always touch the Lowest body of S1, therefore I take in count the whole IC as S1
- Bullish M
1H:
- -68 Fib Completion
==> I only use these LTF to perfection my entry and stop loss
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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.
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.