Hey guys,
during weekends i do usually take a look at the bigger timeframes, such as weekly and monthly charts. This time i thought i'd share my view on USDJPY 0.17% . As you can see it represents a classical example of impulse-consolidation pattern(flag,triangle, wedge )-impulse(my prediction) and it's a pattern that repeats itself over and over again in all timeframes. I've written down the reasons that make me think we could expect another upward rally on this market.
However, for any questions, feel free to comment below.
I'd like to know what you think about!
Have a great weekend, see you in the next chart!
during weekends i do usually take a look at the bigger timeframes, such as weekly and monthly charts. This time i thought i'd share my view on USDJPY 0.17% . As you can see it represents a classical example of impulse-consolidation pattern(flag,triangle, wedge )-impulse(my prediction) and it's a pattern that repeats itself over and over again in all timeframes. I've written down the reasons that make me think we could expect another upward rally on this market.
However, for any questions, feel free to comment below.
I'd like to know what you think about!
Have a great weekend, see you in the next chart!
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The break above TL is happening. But i'm waiting to see how today's candle will close.
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Bat Pattern: