USD/JPY: bullish "Tower"

USD/JPY: bullish "Tower"

USD/JPY: bullish "Tower"

We’ve got a “Doji” at the last low. Considering a confirmation of this pattern, the market is likely going to test the 34 Moving Average in the short term. However, if a pullback from this line happens, there’ll be an opportunity to have another decline.

USD/JPY: bullish "Tower"

There’s a bullish “Engulfing”, which has been confirmed. Also, we’ve got a “Tower”, so bulls are likely going to test the nearest “Window” during the day. Meanwhile, if a pullback from this level be on the table, bears will probably try to come back into the market.




GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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