JPY Basket positioning for further bearishLooking at JPY Basket, currently is in downtrend (High--Lower Low--lower High--lower Low...).
The price is currently at the point of interest (supply zone).
I'm waiting the reversal pattern in a lower timeframe to confirm bearish.
It confluence with XXXJPY pairs which i'm bias on bullish movement.
WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 Y25WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 Y25
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Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us to
JPYBASKET 2WYen Basket – 2-Week Timeframe
Let’s take a look at this chart.
Since 2019, the trend has been strongly bearish.
Now, what’s important is that the price has managed to break the long-term downtrend line, but it’s still facing a strong resistance zone (that blue area). It’s tried to break through a f
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Displays a symbol's price movements over previous years to identify recurring trends.









