USD/JPY
Updated
Lets See here ..
RSI overbought
MACD Might Cross
Falling Wedge formed
Blue line Is demanding Area
Result : there is Good chance that price will drop in next Day to Test the support before it Bounce Back and Get Candle that would break the Falling wedge
Lets watch it carefully
I am not a Regular analysis Just when i find a Time i post or update
Cheers :)
RSI overbought
MACD Might Cross
Falling Wedge formed
Blue line Is demanding Area
Result : there is Good chance that price will drop in next Day to Test the support before it Bounce Back and Get Candle that would break the Falling wedge
Lets watch it carefully
I am not a Regular analysis Just when i find a Time i post or update
Cheers :)
Note
looks like falling wedge couldn`t hold up enough to push for up candle we going even lower i`ll so Buy order is canceled for now we gonna look for sell entry cheers
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