Here we are on Dollar/Yen daily chart and as we can see this market is playing in bullish trend. We are more interested in looking for buy long opportunities. so today we have a fakey setup pin bar formation above support barrier i.e 110.77 to 111.06. we have good confluence sticking together such as trend, support and signal. Let's see how it unfolds. safe trading!
Here we are on Dollar/Yen daily chart and as we can see market has printed bearish pin bar on last daily session close (27th March) at (new) resistance 105.56, we have this market in obvious down trend. We have good confluence factors here which are supporting our trade scenario here such as down trend, bearish pin bar, dynamic resistance layers (rejecting on pin...
Here we are on Dollar/Yen daily chart, as we can see this market has been falling from 114.33 as we have tailed reversal bar there and now market has broken through and closed below 111.65. We would wait for this market to pull back towards this area and on any bearish signals we will be getting short to it. Keep a look out on this level. good trading!
