USDJPY is forming a descending wedge pattern signaling bullish sentiment and setting us up for a long position. Are we in a position to short now?
How do we trade this? 🤔
We have the wicks! But we need confirmation. We've had three pushes down that include two large wicks and some nice bullish price action that followed. What we need now is a push and a close...
New monthly candle open, it is a possibility that it will finish what the last candle didn't get done.
This sell was from a displacement and a FVG fill on the HTF.
