USDJPY Potential Counter Trend Trade for Counter Trend Traders
Looking at this pair following the interest rate decision, we have pushed up into a 618 retracement on the HTF.
Market has put in an ABCD pattern harmonic move which lines up with previous structure support, could become resistance.
you could look for a valid double top with bearish divergence.
If market pushes down, then there could be an opportunity for a trend continuation move.
Keep an eye on this one.
www.tradeempowered.co.uk
Market has put in an ABCD pattern harmonic move which lines up with previous structure support, could become resistance.
you could look for a valid double top with bearish divergence.
If market pushes down, then there could be an opportunity for a trend continuation move.
Keep an eye on this one.
www.tradeempowered.co.uk
