Double Top/M Formation.
Confluence with an uptrend on a Higher Time frame.
Approaching Significant S/R Zone, confluence with 23.6 Fib level
Thoughts?
Confluence with an uptrend on a Higher Time frame.
Approaching Significant S/R Zone, confluence with 23.6 Fib level
Thoughts?
Note
Update:JPY Pairs are in a heavy sell, so I'm bearish on this pair now.
Gonna update the chart
Order cancelled
I'm taking the opposite of what I chartedTrade closed: target reached
Well damn, it worked out. Lesson Learned: When someone tells you JPY pairs are in a heavy sell, do some due diligence because they probably don't know what they are talking about.
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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.