Long
EURJPY DIRECTIONAL BIAS.
Re-accumulation on the 30 minute timeframe that will probably fill the daily imbalance in Feb 2018.
My bias is long unless there will be a break of market structure to the downside since price is more or less on a daily trendline. It may look like a daily trendline manipulation if price will head downwards.
My bias is long unless there will be a break of market structure to the downside since price is more or less on a daily trendline. It may look like a daily trendline manipulation if price will head downwards.
Note
price really hit the price after an uptrend trendline has been manipulated.Note
Price has probably formed a proper distribution schematic on the FEB 2018 IMBALANCE and head downwards. I don't know if it's break new lows or for the short term only. Further confirmation is needed for such conclusion to be made.
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.
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.