EUR_JPY: Head & Shoulder Pattern
Euro weakness seen, with divergence in MACD and RSI heading down.
In addition a change in direction should always indicate a hint, so ABC and head & shoulder patterns followed by a new 5-wave move down is a best way to understand the transition.
Happy Trading.
In addition a change in direction should always indicate a hint, so ABC and head & shoulder patterns followed by a new 5-wave move down is a best way to understand the transition.
Happy Trading.
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