USD/JPY closed the weekend level below Alligator's Lips (MA 5 line: 107.47)
which means it is still bearish.
If Oct. 20's opening will be below 107.03 (Alligator's Lips), it will plunge again.
If not, USD/JPY will be climbing up to Black Wolfe Line (107.71 on Oct. 20) or the
level of Alligator's Teeth (MA 8 line )
The Red Arrow shows a Fractal Alligator Declining.
Nikita FX (climbingfx.jugem.jp/)
which means it is still bearish.
If Oct. 20's opening will be below 107.03 (Alligator's Lips), it will plunge again.
If not, USD/JPY will be climbing up to Black Wolfe Line (107.71 on Oct. 20) or the
level of Alligator's Teeth (MA 8 line )
The Red Arrow shows a Fractal Alligator Declining.
Nikita FX (climbingfx.jugem.jp/)