Price is sitting on a support area in which it created a W formation on the H4. I want to see a rise to follow trend. Sght Sl just in case
Still in an uptrend price is at a support area that is holding looking for more rise.
Honestly to lazy today to write anything chart shud explain. Sorry
As this trade is still moving in our favor I expect to see a retest to the 1.16800 area before completion of the pattern
Can we expect more drop or will there be a support area that will cease this movement?
@ovakilla, shout out to this bro, made me aware of the break, took the retest 200 pips in profit. Still holding looking for the lower TL. SL in profit
I am looking at a inverted H&S but I would like to see a break of the upper TL before I take a long position.
Expecting a rise for a retest to the resistance area before we see a move to the downside.
Price tested the lower trendline looking for a rise to the resistance area at 85.000
Half cycle completed, expecting to see a pull back to the resistance area at .75479 before a continuation and completions of the cycle.
What can we expect from USDJPY? any movement of a period of consolidation?