USDJPY is trading in the descending channel .
Price is returning to the resistance level as a result of the market making a shallow lower low, indicating that the bears were unable to push the price lower.
The marker is likely to retest the resistance level, potentially resulting in an AB=CD pattern.
We expect a retest of the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price is returning to the resistance level as a result of the market making a shallow lower low, indicating that the bears were unable to push the price lower.
The marker is likely to retest the resistance level, potentially resulting in an AB=CD pattern.
We expect a retest of the resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.