USD/JPY: bullish "Three Methods"

USD/JPY: bullish "Three Methods"

3108usdjpyH4-1.png

Bulls faced the 144 Moving Average, so we've got a "Shooting Star", but this pattern hasn't been confirmed yet. In this case, the price is likely going to test the nearest resistance level in the short term. If any bearish pattern arrives later on, we could have a downward correction.

3108usdjpyH1-1.png

We've got a bullish "Three Methods", so the price is likely going to test the upper "Window". If a pullback from this level happens, there'll be an opportunity to have a bearish correction.

jpy

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