USD/JPY: "Window" remains open

USD/JPY: "Window" remains open


There's a bearish "High Wave", which hasn't been confirmed yet. Also, we've got a new "Window". In this case, the market is likely going to continue moving up in the short term towards the nearest resistance level.


We've got a bearish "Engulfing" pattern, but the "Window" remains open. Therefore, the last high is likely going to be broken in the coming hours.



Latest news

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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