In daily time frame, the price would try to touch the important resistant level which it has tried on Oct 24, 2022, Nov 14, 2023, this is the third time try to touch this resistant level.
The interval between the previous two tries is almost one year, but the current third try just about 3 months after the second try. It looks the price has strong intention to break out this important resistant level and go North.
The Guppy has completed the retraction, turned, and start multiple lines extending to North.
Try to long USD/JPY and waiting for the important break out to North and the long term target is 177.1 on Aug 15, 2024
The interval between the previous two tries is almost one year, but the current third try just about 3 months after the second try. It looks the price has strong intention to break out this important resistant level and go North.
The Guppy has completed the retraction, turned, and start multiple lines extending to North.
Try to long USD/JPY and waiting for the important break out to North and the long term target is 177.1 on Aug 15, 2024
Comment:
Important pressure line ahead, the price could be possible break out to North.
Comment:
Continue Long