USDJPY: Breakout Confirmed!!!

By AlkalineFX
We finally broke out of the ascending structure after non-stop liquidity grabbing.

Hopefully, the price has captured enough buyers and sellers to make the next solid move either way.

My bias is bearish, I would like to see a slight retracement before continuing into the previous low as illustrated.

What do you think of this chart?
Chart PatternsTechnical IndicatorsTrend AnalysisUSDJPYusdjpyanalysisusdjpybuyusdjpydailyusdjpylongusdjpysellusdjpyshort
AlkalineFX

Related publications

Disclaimer