USDJPY
1.USDJPY is on an overal Uptrend move.
2.It broke the Higher High, leaving a Flip zone, the price had to make a correctional move(retest of the break).
3.The price is now at a flizone and has reached its lowest point of correction.
4.Now the price has to move all the way up to the last High created by the price before a correctional move.
2.It broke the Higher High, leaving a Flip zone, the price had to make a correctional move(retest of the break).
3.The price is now at a flizone and has reached its lowest point of correction.
4.Now the price has to move all the way up to the last High created by the price before a correctional move.
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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.