We're now reaching the possible end of the weekly bullish trend and could top up near the heavy cluster of fibo targets.
The "short term" (H1) setup tends to show signs of weakness as well and could validate a massive taking profit reactions from investors (moreover if the yen tends to strenghen which I also expect)
I ploted the expected wave projection on the H1 chart and the target zone in which I'll be searching for short entries to trade the weekly reversal.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
The "short term" (H1) setup tends to show signs of weakness as well and could validate a massive taking profit reactions from investors (moreover if the yen tends to strenghen which I also expect)
I ploted the expected wave projection on the H1 chart and the target zone in which I'll be searching for short entries to trade the weekly reversal.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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.
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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.