After our previous ideas on this pair we continue to ride the bullish bias on USDJPY.
The price delivered an almost 4% since our analysis and after a confirmation of the ascending triangle the market is now testing a daily resistance.
A classic 50% test retracement and and a break above the structure will further confirm the bias and we will be ready to set a new long order according to the Plancton's strategy rules.
The price delivered an almost 4% since our analysis and after a confirmation of the ascending triangle the market is now testing a daily resistance.
A classic 50% test retracement and and a break above the structure will further confirm the bias and we will be ready to set a new long order according to the Plancton's strategy rules.
Comment:
breaking now above
Comment:
waiting for a break above
Comment:
new recent high as expected
