RTM
DXY is surrounded by CAPS patterns.Hi guys
If you heard about caps on price patterns, you could see this parameter in DXY that happened frequently :)
Also, you have to switch between the timeframe to find the suitable one.
CAPS on Price is one of the most profitable patterns in the RTM method.
I suggest learning more about it.
Sincerely
Hosein Poursaei
USD/JPY some more correction in 1H TimeframeHi Dears
If you look carefully at the chart of the USD/JPY, you can see that we have to continue our bearish momentum until to reach the base of the pole. But why?
First of all, we had an SR line at around 131.764 that the price Engulfed later and made an FTR zone, and also the price pulled back to it later so we can say that we have a flag limit (FL) zone.
This FL zone was Engulfed later on 5 April and when this happened, we expect the price to reach the base of the pole.
Sincerely
Hosein Poursaei