great trading opportunity on dollar yen

28 Jan 2019

hey traders,

on dollar yen there are multiple trading signals, indicating us the exhaustion of bullish move on this pair.

1) rising channels that is finally violated


2) ascending triangle that is also broken


3) local head and shoulders with violated neckline


many signals, right?
however, I am still focused on 109.2 level.

It feels like it is the last bulls resort, so I am waiting for its violation.
We need to wait until the candle closes below this level on 4h chart.
Then we can take actions.

The initial target is around 108.7

stop above 110!

good luck!

29 Jan 2019

Catatan

test of structure

29 Jan 2019

Catatan

false violation

31 Jan 2019

Catatan

market is going down