Hello Traders,
My apology for being away for such a long time. But I am back with new chart – USDJPY.
There is something very interesting showing on that four hours chart. Take a look on RSI, as you can see Momentum is on major resistance level (brown line). But price is keep pushing higher. We are approaching major price drop. Price is squeeze in that ascending triangle showing up only on RSI.
Be aware new changes coming up into this pair.
cheers,
Jim
My apology for being away for such a long time. But I am back with new chart – USDJPY.
There is something very interesting showing on that four hours chart. Take a look on RSI, as you can see Momentum is on major resistance level (brown line). But price is keep pushing higher. We are approaching major price drop. Price is squeeze in that ascending triangle showing up only on RSI.
Be aware new changes coming up into this pair.
cheers,
Jim