why it is going to bullish ??
dollar yen has broken the major psychological handle 110.000 ,very strong opportunity.
in H1 ,if market will reach to 110.200 level and support at that level printing HHHC ,that will be a good entry point to go long
as RSI is massively oversold,fib zone 50% -61.8%, entered to kill zone,uptrend,a potential double bottom .
if it will break 110.200 and go down ,it is more likely closed at 127% fib extension of down leg,and if it will print a double bottom at that level and shows HHHC, that will give a confirmation and decent risk to reward. ( but anything can happen ) DYOR.
dollar yen has broken the major psychological handle 110.000 ,very strong opportunity.
in H1 ,if market will reach to 110.200 level and support at that level printing HHHC ,that will be a good entry point to go long
as RSI is massively oversold,fib zone 50% -61.8%, entered to kill zone,uptrend,a potential double bottom .
if it will break 110.200 and go down ,it is more likely closed at 127% fib extension of down leg,and if it will print a double bottom at that level and shows HHHC, that will give a confirmation and decent risk to reward. ( but anything can happen ) DYOR.