What happened? Japanese shares fell on Monday…
USD/JPY: "Window" going to act as resistance
2019-11-11 • Updated
The last bullish “Harami” led to a new high. Therefore, the market is likely going to test the upper “Window” in the short term. If any bearish pattern arrives afterwards, there’ll be an opportunity to have a downward correction.
The lower “Window” has acted as a support, so we’ve got a “Three Methods” pattern. In this case, the market is likely going to continue moving up towards the upper “Window”.
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