Subsequent to last week's post, price fell like a knife as opposed to me saying it MIGHT first move up before moving down. It was a beautiful learning experience for me too.
As shown below now, price pierced just above 25% of the FVG and seems to be continuing it's journey downwards.
The red line would be a good place to watch the coming week as price hopefully...
Next week promises to be interesting on the Aussie. Liquidity on both sides.
That triple top looks tempting. Price MIGHT move up, before it moves down.
Again, this is not financial advice, it's just me learning.
It has been quite a bumpy ride on EUR/JPY so far, with majority of the masses favouring sells, I see a buy, the last leg (C) of wave 5 of the leading diagonal.
The coming days will prove this right or wrong.
Stay tuned!