r_oshiro

r_oshiro Updated 

I'm waiting a change in direction to the upside.

r_oshiro Updated 

This is my forecast for a possible continuation of the bearish move

r_oshiro

I'm expecting a move to the downside to continue the movement in the H1 TF.

r_oshiro

I'm waiting for this possible scenario to play out

r_oshiro

After long consolidation, price broke out to the upside very strongly and formed a bullish flag. Retraced to 38.2% of Fib and I'm expecting a continuation to the upside

r_oshiro Updated 

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r_oshiro Updated 

Trade idea for this morning

r_oshiro

USDJPY broke structure with big momentum to the downside. RSI is extreme and also coincides with big rejection from 50% of Fib retracement.

r_oshiro

Price is breaking important consolidation to the upside, which also coincides with 78.6% of fib.

r_oshiro

Daily momentum is to the downside, 4H price action is showing signs of reversal to downside

r_oshiro

Price action indicating shift in momentum to the downside in 4h TF

r_oshiro

Entering long on the pullback of the latest bullish move.

r_oshiro

Daily momentum is to the upside and it is presenting a good entry since price action broke the counter trendline to the upside.