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Traders,
Pls tell me what you which one you would like to hunt? 200 pips or 600 pips?
It depends on your stop loss.
On the weekly left chart, we see the blue pressure line is working on keeping price going up. And the possible lowest position for a weekly chart short trade could be 105 round, making 600 pips possibility.
On the 4H chart, the right one, we could see a potential harmonic pattern. C TO D is making 200 pips a possibility.
BTW, YEN must be the most strong currency now considering a strong dollars' situation.
YEN must be the most strong currency now considering a strong dollars' situation ...... when dollar is strong yen is by nature the weakest, this is FOREX 101. the target managed by the fed and boj is 114