FX:USDJPY I made 2 posts earlier today. 1. the bullish move that did happen. 2.. also talked about an expected short movement, that the price is only struggling to reach a certain point. 3. this is my next setup. only the news can fuck this up. a. the price is currently struggling at the FIB level. b. we still have some bearish momentum to fill.
1. There is a difference in the Algorithm momentum. that supposes a pull back and continuation to the upside. 2. the continuous change of structure. 3. the breaking without a new lower low. The rapid change trend in a higher timeframe formed the Elliot correction wave.
can anyone please elaborate why the difference, it seems the chart source one use can impact trading decision.