DislikedAlthough we have Yen pairs making PB's all across the board, I prefer to pick my best looking chart and go with that. I didn't register clear levels that some of the charts were forming the bars off, although the confluence between them was pleasing. For me, the best looking setup, and the one I'm in on, is the audjpy. After a gap down on Monday we have broken up back through the 60.00 round number (also a ppz) and have now come back to retest it and formed a PB off this level. Green lights to trade!
Areas of S/R are marked off on the chart.Ignored
For me it's the nzd/jpy...
Lovely pin bar great shape long nose but unfortunately heading straight for a major ppz area around 47.6. Note also that it's contradicting the daily pin bar. Higher the tf higher the significance of a PA bar.
Regards,
Ghous.
I believe . . .