Potential Setup as per the below
Bias – Neutral
The Yen is weak currently so expecting this to continue bullish for now, although previous HL has been broken on the H4.
Wait to see whether price comes back into the key level and shows a depletion of bullish pressure. A pull back is required after such a strong move, so also look for opportunities from an intraday perspective if new structure forms cleanly.
Bias – Neutral
The Yen is weak currently so expecting this to continue bullish for now, although previous HL has been broken on the H4.
Wait to see whether price comes back into the key level and shows a depletion of bullish pressure. A pull back is required after such a strong move, so also look for opportunities from an intraday perspective if new structure forms cleanly.