Forex Traders | Dynamic Trader Blog

A Dynamic Trader Blog - Forex Chart Pattern Signals

Monday, 14 December 2009

No change on Yen

Good Morning Dynamic Traders,

Hope you all had a great weekend.

There hasn’t much of a change since my last update, apart from the fact that we are greeted with a bearish candlestick this morning on the day chart.

If you look at the 4hour chart below you will see that price is struggling with the VI. Price has managed to spike above the VI a couple of times, but definitely seems to be struggling now.












If price fails at this VI then maybe the price might continue its down trend.

Happy Trading

Richard Monnery

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