#USDJPY (4H):
Last setup didn't make it to carry out because of news volatility. These news brought a lot of overall indecision. This is reflected in our chart, as we can't determine any clear overall direction (market structure formed a triangle).
However, being my bias still bearish, i believe a break to the downside has a higher probability. If not, i'm not interested in buying this market for now.
Last setup didn't make it to carry out because of news volatility. These news brought a lot of overall indecision. This is reflected in our chart, as we can't determine any clear overall direction (market structure formed a triangle).
However, being my bias still bearish, i believe a break to the downside has a higher probability. If not, i'm not interested in buying this market for now.