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tianny1411
May 17, 2021 3:45 PM

thoughts on this Β Long

U.S. Dollar / Japanese YenFOREX.com

Description

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If we take a look at the daily market structure we can see price break the previous high making a shift (change of direction) where we can see how the Bulls start to come in strong and the Bears start to lose strength.
as for the 4hr TF I've drawn a flag (continuation pattern), this flag is the actual pullback from the daily TF. I would wait for a break of structure in the 4hr TF and take it from there.
Comments
pitsowarona
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On this trade and been waiting for like a minute for the move up, good analysis.
tianny1411
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@pitsowarona it fell due to newsπŸ˜• so time to follow itπŸ‘Œ
pitsowarona
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@tianny1411, stuck to my guns, went all the way to 61.8 fib where I had set up my traps, now I am on it like rush.
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