LONG
Updated
W formation so we expect the test of the trendling. Hedge fund have been shorting the JPY last week and that cause the skype up.
But the candle are showing a loss of momentum and so we expect the resisttance to hold, retrace and then look for an entry at abuot 50% retracement LONG.
This time it is possible the resistence will blow off
But the candle are showing a loss of momentum and so we expect the resisttance to hold, retrace and then look for an entry at abuot 50% retracement LONG.
This time it is possible the resistence will blow off
Note
a bit too fast, but now it is time to look for a long entry in the lower time frameNote
never materialized. Markets are going nuts with the crash for the corona
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