We know that major conflicts are coming to the world, add to this a losing strength from DXY probably making most JPY pairs do what they want. At this point I don't know if it going long or now but we are really in a critical support zone coming from months ago.
Please add your thoughts.
This is not a trade.
Commentaire
⋅
In addition, my yellow zone was reached to the critical zone, we must be patient since our major trend is bearish, so, we need to follow the trend.
My blue arrow is not a target or sense to change, I'm expecting at least a change to my other top yellow box.
Commentaire
⋅
It finally came to my red zone, a super critical zone. I expect it to keep going down prior performing a huge trend move.
News are crazy
Commentaire
⋅
Price reached by red box, I did however try to predict a move to the upside, indeed it did moved to a small correction but price have to respect the trend, as you may now see price broke our support from feb and we are not in a critical situation expecting the price either to continue down or change to the bullish way