Rising Wedge on H1 was created last week and finally broke out today and bounced to a major resistance zone .
Watch price action for possible bullish breakout or drop to S3 pivot .
My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot .
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Watch price action for possible bullish breakout or drop to S3 pivot .
My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot .
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Trade active
Short entry @ 108.709Note
US 10Y Yield differential with JPY still in play.. going to hold my short entry.Note
Added more shorts @ 108.981Note
Testing 108.1 area, more potential downside here until my target for S3 pivot.Note
Still a very good short, might hold longer term.Trade closed: stop reached
Breakeven SL was hit a while ago at 108.5
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.