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eightpac
16 Ogs 2016 pukul 11.43

USDJPY ABCD pattern completion 

U.S. Dollar/Japanese YenFXCM

Huraian

We've broken the head and shoulders pattern that Ive been eyeing on the daily chart, a close below that level today would be a nice sign of confirmation. However, on the hourly chart we have an ABCD pattern completed at a 1.618 ext, so there may be a short term bullish move (or massive rally, not sure). I don't try an predict market moves, I simply make a plan for when and if something happens and I react. Any other ideas on this pair?
Lebih