Hello Traders!
The Euro Dollar is heavily shorted currently.
Yen Dollar is gaining strength.
Weak Euro + Moderately Strong Yen
Here we can see price broke a swing low.
Once a swing low is broken that triggers the algorithm to seek for lower prices.
I am waiting for a new swing high to form lower to the prior one formed.
Patience is key.
The Euro Dollar is heavily shorted currently.
Yen Dollar is gaining strength.
Weak Euro + Moderately Strong Yen
Here we can see price broke a swing low.
Once a swing low is broken that triggers the algorithm to seek for lower prices.
I am waiting for a new swing high to form lower to the prior one formed.
Patience is key.
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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.