Dollar Yen: Riding the Bullish Wave!📊 On the weekly chart, a strong W formation with a long tail signals potential upward movement. Daily chart shows another bullish W formation, indicating a powerful uptrend. Four-hour chart proves the market's strength after breaking support. Trend traders wait for confirmation above 141.96.
🎯 Weekly Bearish Bat Pattern at 149.45 presents a trading opportunity. Daily Gartley Pattern at X 133.60 offers buying potential for trend traders. Counter-trend traders eye a shorting opportunity at 149.18 on the rise. Four-hour Bearish Gartley Pattern at 143.06 sets the stage for another trade.
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📉 Consider the resistance level at 141.25 or wait for a pullback to 139.91 for a buying opportunity on the one-hour chart.
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