look at the 4h timeframe first! price made a lower low and it means this market is gonna retrace at least 38% and the next targets are 50% and 61%.
this might be a H&S pattern if price move down at here.
and there is a wedge pattern on 1h timeframe and the best way to enter a trade with this pattern is to wait for breakout.
Please look at the 4H timeframe chart!
USDJPY 4H timeframe chart:
What do you think about this chart?
Good luck!
----------
Show me some love with following my tradingview page and please don't forget to like 😃🧡
this might be a H&S pattern if price move down at here.
and there is a wedge pattern on 1h timeframe and the best way to enter a trade with this pattern is to wait for breakout.
Please look at the 4H timeframe chart!
USDJPY 4H timeframe chart:
What do you think about this chart?
Good luck!
----------
Show me some love with following my tradingview page and please don't forget to like 😃🧡