traderaldrich

EURJPY DIRECTIONAL BIAS.

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traderaldrich Uppdaterad   
Re-accumulation on the 30 minute timeframe that will probably fill the daily imbalance in Feb 2018.

My bias is long unless there will be a break of market structure to the downside since price is more or less on a daily trendline. It may look like a daily trendline manipulation if price will head downwards.
Kommentera:
price really hit the price after an uptrend trendline has been manipulated.
Kommentera:
Price has probably formed a proper distribution schematic on the FEB 2018 IMBALANCE and head downwards. I don't know if it's break new lows or for the short term only. Further confirmation is needed for such conclusion to be made.
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