USDJPY The Price Make a Double Top While Testing a Major Resistant Around 108.45, The Power of Sellers Won the Challenge and Pushed The Price Down for more than 1500 pips, Historical It's not a Decision level, It's fresh supply zone!
Trendline which is bearish as well have been broken twice, but only the fresh supply zone was capable to push the price in a...
High Possibility to short EURUSD.
Last Period On Daily Chart the Pair trading in downtrend Channel, and was performed a clear head and shoulders pattern that will give us a clear resistance levels, the price traded near a major resistance level at 1.098, which if take a look at 4H Chart:
we can easily notice a bearish 4H Candle before market Close, It looks like...
On The Daily Chart the pair break above the downward channel, but it doesn't take so much time to draw a H&Ss Pattern, once the price breaks below the neckline support level we are in the downtrend again.
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