USDJPY Finally Starting To Grow A Sack
Hello Traders,
I am looking at the formation of a standard ABC correction flat. Expect the price to bounce on the 107.0 / 106.9 range before either turning back completely to the upside or start a more complex correction structure.
The end target of this 1 up move is at the 111 zone so let us see what happens when the correction is complete.
If you enjoyed, please thumbs up and follow for more.
Thank you
I am looking at the formation of a standard ABC correction flat. Expect the price to bounce on the 107.0 / 106.9 range before either turning back completely to the upside or start a more complex correction structure.
The end target of this 1 up move is at the 111 zone so let us see what happens when the correction is complete.
If you enjoyed, please thumbs up and follow for more.
Thank you
Kommentera:
Kommentera:
going well, expecting another down move now before the bigger up move.
Kommentera:
woops wrong chart XD
Kommentera:
Same idea guys, look for 1 more down of similar size as shown above or sideways consolidation for the bigger move up that could start from here as indicated in the original forecast.
Kommentera:
Still looking for something like this possibly to be a running flat correction before continuation up side.
