USDJPY - Consolidation after Uptrend expected
Hi Traders!
Here is our analysis:
If you have any questions, another Point of View or anything else to share, don't hesitate to comment!
Thanks and successful Trading :-)!
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***Trade at your own risk***
***Not every idea is traded by us***
Here is our analysis:
- Price is in Strong Uptrend
- Made one Top then came lower
- Equal Lows --> First Sign of Bullish Weakness --> Bullish "Shock"
- As a reaction --> BBs closing their positions --> Consolidation expected
- If Breakout --> Down-Movement until next Support expected
If you have any questions, another Point of View or anything else to share, don't hesitate to comment!
Thanks and successful Trading :-)!
---------------------------------------------------------------
***Trade at your own risk***
***Not every idea is traded by us***
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