Let's see if Bull support Dollar
Fed meeting completed our Big pattern so fast .... so guys, go for Bull after confirmation of reversal candle stick. Here seems like Bullish harami forming ...but wait for lower time confirmation too...
1. Divergence in RSI with Price 2. Looks like double bottom As of now NO Clue Let's Wait .............
Let's see if reversal occur (Take confirmation of candle stick or lower time signal.)
Wait for reversal signal (like:- Candle or other lower time frame confirmation within "red box")
Wait for Reversal till we get any Bear Bar
Wait for reversal till we get any supportive sign in Lower time frame OR Reversal candle stick formation
Let's wait for breach of double top neck line (Aggressive trader can attack at that time OR Wait for retracement to take 2618 trade)
With support of divergence & patterns, let's see if reversal occur
Let's wait (for reversal candle) & watch if these 2 patterns support our reversal or Positive sentiments overpower these patterns ....
MTF signals are good, but combination of MTF signals are powerful. High probabilty buy on USDJPY.
Reversal awating....till we see any candle stick reversal formation or any another formation in lower time frame.
Lets see where we get get reversal from Grey box or Pink box (I think grey box most probably)
As we have break out on neck line of double bottom, therefore wait till retracement & take trade when you see any reversal formation in lower time frame or 2618 pattern formation in this time frame (Pink rectangle box for reversal).
Tight Bull & Bear fight ...let's see ....
Let's see if we get reversal from here