MYMENTORTV POUND/YEN ANALYSIS
Good evening everyone
So today the market appears to be align with hitting one of three tps presented in the picture. The reason for my trade was the following
This market has hit the exterior trendline for pitchfork
completed its fifth way up by the looks of it and making its way to one of the TPS
Engulfing candle on 4 time frame and lower time frame : entry : lower close
overall analysis I see this market going back to tp3 which is 135.160 level however if the market does not hit the median line on the pitchfork and retest and head south then this analysis is void and we have to do it all over again and see where this market wants to go/ the banks pushing this market where they want it to go.
Feedback is always welcome and happy trading everyone
Kris
myMENTORtv
So today the market appears to be align with hitting one of three tps presented in the picture. The reason for my trade was the following
This market has hit the exterior trendline for pitchfork
completed its fifth way up by the looks of it and making its way to one of the TPS
Engulfing candle on 4 time frame and lower time frame : entry : lower close
overall analysis I see this market going back to tp3 which is 135.160 level however if the market does not hit the median line on the pitchfork and retest and head south then this analysis is void and we have to do it all over again and see where this market wants to go/ the banks pushing this market where they want it to go.
Feedback is always welcome and happy trading everyone
Kris
myMENTORtv
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