This Maybe a good early week trade if it ends up as below.
Monthly is hitting a resistance zone, there seems to be consolidation happening. It also looks like there's a 3rd leg of a wave forming.
Daily is currently going through resistance.
I'm going to take a short if the long term trend line is hit and a bearish candle forms OR if a bearish candle forms in this resistance area.
USDJPY
Monthly is hitting a resistance zone, there seems to be consolidation happening. It also looks like there's a 3rd leg of a wave forming.
Daily is currently going through resistance.
I'm going to take a short if the long term trend line is hit and a bearish candle forms OR if a bearish candle forms in this resistance area.
USDJPY