the open is looking pretty good for now as we have broken out of our triangle to the upside. However, we will look for that key break of resistance of 119.398 as a real test for more upside into that major level of 121.587 as stated in previous Idea. if/once that level is reached we will be looking for a reversal in the major supply zone.
hope you guys are having...
If you've been watching/trading USDJPy you
would of thought for sure there would of
been a reversal by now. She's strong and
alive, still!
A failed attempt at a breakdown highlighted
in the circle leads me to believe we are
headed for ATH's. Not too much that I can
see stopping it. We're currently waiting for
the triangle break in red at current prices to
tell us...
If you’ve been watching/trading USDJPY you would of thought for sure there would of been a reversal by now. She’s strong and alive, still!
A failed attempt at a breakdown highlighted in the circle leads me to believe we are headed for ATH’s. Not too much that I can see stopping it. We’re currently waiting for the triangle break in red at current prices to tell...
Price pulled back not fully making it to the resistance level and formed a H&S pattern. Currently in a range/consolidation period in which we’ll look for possible breakout or breakdown. I am leaning more towards the downside. Just some of my thoughts.
