USDJPY broke out of the bull run which started at the start of the year. Once it broke, it didn't just drop instantly. It created a complex correction which can be seen on the chart.
Ideally we'd want USDJPY to push up once more to create a double top before dropping. Will be watching the pattern play out and see when the break occurs.
Goodluck and trade safe!
Ideally we'd want USDJPY to push up once more to create a double top before dropping. Will be watching the pattern play out and see when the break occurs.
Goodluck and trade safe!
Note
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.