Dollar Yen Update, Heavy Hidden Bearish Divergence
RSI
- See Blue line on RSI and on the Main Window, Price forms Lower Highs, RSI forms Higher Lows. This can bee seen on 1H and less
Elloit Wave
- Just like Euro Yen, a 5th wave is left
I've Closed my longs for now, will look to enter a small amount again around 0.618 Fib on 1D chart as it shouldn't go below wave 1 support (assuming my count is correct).
Short term - Bear
Long term - Bull
- See Blue line on RSI and on the Main Window, Price forms Lower Highs, RSI forms Higher Lows. This can bee seen on 1H and less
Elloit Wave
- Just like Euro Yen, a 5th wave is left
I've Closed my longs for now, will look to enter a small amount again around 0.618 Fib on 1D chart as it shouldn't go below wave 1 support (assuming my count is correct).
Short term - Bear
Long term - Bull