- December 21, 2020
- Posted by: virtualxstore
- Category: trading
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USDJPY has been going down slowly, and as seen previously, when it’s time to go up, it goes sharply, so we will be monitoring this area for the following reasons:
– Good supply area.
– 2 Harmonic patterns .
– Potential ending of a B leg within a big wave pattern on the daily.
– Reaching the lower end of the channel provides nice support as well.
– Good supply area.
– 2 Harmonic patterns .
– Potential ending of a B leg within a big wave pattern on the daily.
– Reaching the lower end of the channel provides nice support as well.
Manage your trade/targets/stops carefully and remember that there is nothing guaranteed in the market.
Good luck.
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