Reversal candlestick pattern formed, this is a possible retest of structure to continue the Yen strength. Price did break major structure
Price did break major structure, its possible price is retesting structure to continue down. But there is a few scenarios that can play out. 1. Price can rest and drop 2. Price can pull back, break structure and continue on its way up 3. Price could break structure and consolidate
Price has broke structure and confirmed it by retesting the support it broke as resistance. Its possible price can retrace to retest structure to continue down. On lower time frame price does look a little corrective so its possible price can reverse to the 150.250 - 150.750 price range then drop down to around 147.500
Although price hasn't broke structure yet, price is struggling to break resistance. There is some heavy rejections coming from resistance. Evening star was formed on the 3H so its possible this could start a SHIFT in trend. Risky play, GJ is overextended on this bullish trend with no major pullbacks
Price formed a tweezer bottom at support, its indicating bulls still have strength. The next area bulls can push price to is possibly 152.500. Note: GJ is still in an uptrend because price did not break any major structure levels (HL)
Theres multiple scenarios that can play out 1. price can fall to structure that hasn't been retested after price broke it then move back up 2. price can break support, then come back and retest it and continue the fall which could indicate a shift in trend 3. price can test support, break resistance then retest it and continue the up trend - DPFX
PRICE RETRACED TO RETEST STRUCTURE IT BROKE. PRICE FELL TO ONE OF THE FIB LEVELS AND FORMED A TWEEZER BOTTOM/BULLISH ENGULFING RIGHT AT STRUCTURE. ITS POSSIBLE PRICE CAN HEAD TO 152.500
PRICE BROKE STRUCTURE AND POSSIBLY RETESTED IT. PRICE DID REJECT 50% FIB LEVEL AND FORMED A TWEEZER BOTTOM ON THE 5M AND BULLISH ENGULFING ON THE 10M. PRIE DID PRETTY MUCH MOVE SIDEWAYS FROM THE 9TH TO THE 10TH, COULD JUST BE A BULLISH RECTANGLE BASED ON THE 1H TIME FRAME. BUT ON HTF PRICE LOOKS AS THOUGH IT POSSIBLY FORMED AN ASCENDING TRIANGLE
PRICE CAN POSSIBLY MOVE UP TO 151.500. PRICE IS A BIT CORRECTIVE WHICH CAN INDICATE A CANDLESTICK FORMATION COULD BE FORMING. POSSIBLY A BULLISH FLAG. PRICE DID FORM EQUAL HIGHS SO THAT CAN BE AREA OF LIQUIDITY WHICH IS WHERE PRICE ALREADY DID SPIKE TO BUT HAS MORE ROOM TO MOVE ABOVE
ITS POSSIBLE PRICE CAN GET TO 1.41000. ON HTF PRICE IS RESPECTING MAJOR STRUCTURE SUPPORT. ITS POSSIBLE THAT GU CAN BE FORMING AN INVERSE H&S PATTERN, WHICH COULD SEND PRICE SHOOTING UP TOWARDS A STRUCTURE PRICE BROKE PREVIOUSLY AND NEVER RETESTED
Its possible price can bounce off trend line support. The support has been pretty strong. It does look as though price is forming an H&S as well so be cautious and let price develop. If price does bounce off its possible price can head towards resistance possibly forming an ascending triangle. Its also possible price can break through trend line support and sell off some.
$DOG IS FORMING A FALLING WEDGE AT ALL TIME LOWS. IT IS POSSIBLE THAT PRICE CAN HEAD TO $41.15 WHILE IN THIS DOWN TREND