USDJPY- Price Broke Triangle's Support RisingTrendline
Instead of breaking upside, above triangle as expected - it leaked below triangle which invalidates the structure, but definitely there is some correction is going on & this whole pattern can now be treated as W-X-Y Structure where X-was the triangle.
Trading Strategy
Going above 103.95- It will leave the correction behind & should travel to the desired zone of 104.80-105 as per our earlier expectation.
Trading Strategy
Going above 103.95- It will leave the correction behind & should travel to the desired zone of 104.80-105 as per our earlier expectation.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
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Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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