USDJPY (Ending Diagonal) - 1h Chart
Ending Diagonal
- 5 clear points
- 1 and 4 retesting same level
- 0 to 1 should be same distance as 4 to 5
- after point 5 is reached, bullish movement towards 0.786
We can see some clear consolidations been formed inside this channel, you could sell towards point 5 or play it safe for Ending DIagonal confirmation for bullish movement.
Good Trading. -1h Chart
- 5 clear points
- 1 and 4 retesting same level
- 0 to 1 should be same distance as 4 to 5
- after point 5 is reached, bullish movement towards 0.786
We can see some clear consolidations been formed inside this channel, you could sell towards point 5 or play it safe for Ending DIagonal confirmation for bullish movement.
Good Trading. -1h Chart
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