YEN BASKET BEARISH CONTINUATION
so what we have here is...
• this market has been BEARISH from pretty much 2020 and has formed a DOWNWARD TRENDLINE/BEARISH CHANNEL
• in september price respected the downward trendline/resistance of channel and has been in a BEARISH move towards the support of the trendline
•so in the past week there was a corrective move seeing by the short term change in direction and small bodies of the DAILY candlesticks
• a downward and upward inner trendline were formed and now market is by the apex so expecting a breakout to the downside and price is to go respect the support of the channel
• i'll only enter if the H1 breaks and closes below the upward trendline
but then if market goes bullish we adapt and change our approach
GREAT SUCCESS!!
• this market has been BEARISH from pretty much 2020 and has formed a DOWNWARD TRENDLINE/BEARISH CHANNEL
• in september price respected the downward trendline/resistance of channel and has been in a BEARISH move towards the support of the trendline
•so in the past week there was a corrective move seeing by the short term change in direction and small bodies of the DAILY candlesticks
• a downward and upward inner trendline were formed and now market is by the apex so expecting a breakout to the downside and price is to go respect the support of the channel
• i'll only enter if the H1 breaks and closes below the upward trendline
but then if market goes bullish we adapt and change our approach
GREAT SUCCESS!!
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