Butterfly harmonic on the monthlyA huge long position is coming for JPY. This is really going to be the one to watch
YEN - Welcome backCaveat Emptor /
# Completed pattern with success.
- Maybe some good flow from Dixie coming here
#know your waiting period
#know your limit
#know your reasoning for entry - not comfortable with candle signal/no entry
Improve your think flow = improve on profitability.
All the best.
Not a guru.
JPY Index_Update 3rd Week of Feb 2022Yen didn't break lower from the structural level instead it spike with heavy momentum last Friday
We spotted 3 leg divergence on RSI signaling us with a potential continual bullish movement for the rest of the week which will impact on XXXJPY with bearish trend
Will share some of XXXJPY setup soon
JPY Index_UpdatePossibly heads up to the key level and potentially forming a double top pattern. Short bias for JPY index hence to look for XXXJPY Long setup
YEN Index_UpdateYen approaching an important area of confluence which is a swing high trendline, a structure level and currently price at 61% fib level.
Anticipating a bearish movement for Yen, i would aim to go Long on XXXJPY pairs depending on readiness of each pair setup
JPY INDEX | trading setupwhen analysing the JPY INDEX it shows that the JPY is losing strength, as it has broken out of the ascending type pattern. This is a signal that we are going short on JPYXXX and long on XXXJY .
JPY INDEX TOO RISE SO EXPECTING ....JPY INDEX TOO RISE SO EXPECTING GBP/JPY, EUR/JPY AND CAD/JPY TO FALL
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Displays a symbol's price movements over previous years to identify recurring trends.