Long
Risk-Weighted Index: Bullish Outlook, Watch Break of Triangle
A break higher in the risk index is set to reignite further weakness in the Japanese Yen crosses. The current formation of a narrowing triangle supports the 'risk on' environment heading into Thursday.
It's also interesting to see how the 100-hourly MA has been acting as a reliable indicator guiding the risk rally. Keep an eye as a measurement to assess the overall risk backdrop.
It's also interesting to see how the 100-hourly MA has been acting as a reliable indicator guiding the risk rally. Keep an eye as a measurement to assess the overall risk backdrop.
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📓📓Learn Fractal-Based Order Flow:
ofa-course.com
🧑🏫🧑🏫 Author of the Fractal-Based Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
ofa-course.com
🧑🏫🧑🏫 Author of the Fractal-Based Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
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.