Euro / Japanese YenShort
Possible Reversal
Weekly resistance (pink rectangle with red borderline) + Ascending triangle + Divergence
Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.
Adjust your SL and entry accordingly to your own risk and strategy.
All comments are appreciated!
Om Shanti Om!
Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade.
Adjust your SL and entry accordingly to your own risk and strategy.
All comments are appreciated!
Om Shanti Om!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.