USDJPY POTENTIAL LONG UPON Q2 W14 Y25
Weekly Orderblock long
Higher time frame Exponential moving averages pulling price action
We do however need to see clear breaks of structure on the 15' to really prove that price is ready to turn around this early into the weekly order block.
With larger higher time frame order blocks, there will always be the concern that so many voids within are below. why does my speculation favour a pull back deeper before then looking long.
For those reason, we await breaks of internal structure below looking to risk capital.
More to come on this.
FRGNT X
Weekly Orderblock long
Higher time frame Exponential moving averages pulling price action
We do however need to see clear breaks of structure on the 15' to really prove that price is ready to turn around this early into the weekly order block.
With larger higher time frame order blocks, there will always be the concern that so many voids within are below. why does my speculation favour a pull back deeper before then looking long.
For those reason, we await breaks of internal structure below looking to risk capital.
More to come on this.
FRGNT X
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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.