This pair is now forming an ascending wedge to form the last shoulder in a H&S pattern.
With JPY gaining strength, I won't be going long on the final shoulder, I'd rather wait for us to break out of the wedge. I expect a huge sell off on this pair of around 650 - 700 pips.
Feel free to like and share your views in the comments.
Safe trading!
With JPY gaining strength, I won't be going long on the final shoulder, I'd rather wait for us to break out of the wedge. I expect a huge sell off on this pair of around 650 - 700 pips.
Feel free to like and share your views in the comments.
Safe trading!