I believe the Yen has been weakening so far this week so I am looking to take advantage and go long predicting a short BULLISH
movement with this pair. On my 12hr TF I have a clean downtrend where price is now approaching the trendline
and on my smaller TF ( 2HR
) price is lingering on the trendline
. I am now waiting for the 2hr candlestick
to close above the trendline
which will confirm my trade.