piptank

Possible #DoubleTop Scenario #JPY #USD #forex

FX:USDJPY   U.S. Dollar / Japanese Yen
This chart show us a possible double top scenario. There actually two of them pink rectangles. A confirmation of it could be the break of support at 120.5 -120.1 area. You can also see how the double bottom scenario worked out (blue rectangles).
piptank IvanLabrie
thanks always a good feeling when projections came true
Reply
Indeed!
Now debating wether it'll continue to fall since it crossed over 121.10 again.
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piptank IvanLabrie
if we manage to breach 122 it could go higher, but for now just observe
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Agreed.
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