Trading in the Daily charts with HA candles we have a spinning top as a setup, next a continuation bull candle and third candle on 5/21 as our trigger candle. With a bearish outlook on the Yen (DailyFX) we have a Long opportunity if entered now to gain pips over the next 3-5 days.
Using the HA look for a doji/spin top or color change for exit point
check in at 5:00 PM New York time to see how each candle goes :)
Using the HA look for a doji/spin top or color change for exit point
check in at 5:00 PM New York time to see how each candle goes :)
Comment:
Looks to be running out of gas, closed for a 60 Pip score. If you are trading the daily look for a color change in a doji or spinning top with the HA candles in the next couple of days to show when price will be retracting back down to the 30-50 SMA