As you clearly see, two scenario can be happen in this time frame and my idea closer to scenario 1
As you maybe know USD bears increased their short and buy situation in JPY so increased. As well as this, the trend line was breaked last week .. we started a sell position in this pear..
It seems that the pullback finished. I Personally see in an opportunity for sell till December...
The best strategy for this pair is BUYLIMIT in supply zone, so you can set your position around 120 with 300 pip target...I hope enjoy from this trend :)
It seems that this pair currency will be Bearish until to fill weekly gap
I have a great expectation from this chart, after a bit pullback I want to open a long position, so you can follow me and enjoy form this trend :)
In contrast of many traders, I see a huge increase in this currency in 2020. at first, you can pleasure form this rally! HEAD & SHOULDER is going to complete at the moment. so I extremely suggest to having a ling position :)
I believe that the descending wave in this currency is probably will finish in 1.28--1.2760!
in my opinion, we have the last decline in gold in 2019. my target: 1410---1400 ... after that, we have a special program for uptrend for it!
You can buy it After the trend line failure in 113.8 and you can buy limit in 113.5. GOOD LOCK
I'm waiting for a good place to go for a RISK-Off mode... maybe trump can help us all:)
you can wating to close H4 Like me... and than active buy for is :) Good Luck
The pattern of this chart is complete! you can sell this pair