USD/JPY: bullish 'Three Methods' pattern

USD/JPY: bullish 'Three Methods' pattern

3004usdjpyH4 (1).png

There's a bullish 'High Wave' pattern, which has been confirmed. In this case, the pair is likely going to achieve the upper 'Window', which could act as resistance.

3004usdjpyH1 (1).png

We've got a bullish 'Three Methods' pattern, but also there's an opportunity to have a local downward correction. So, if the 34 MA acts as support little later on, bulls will probably try to deliver a new local high.



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