Traders,
USDJPY stop too long on the top and not making any higher position.
On the daily chart, you a harmonic pattern is clear to see.
According to this pattern, UJ can drop down to 104-99.8.
Accouding to our channel, a reflection point is expected to appear at the neckline of the bottom.
Do not underestimate the power of bear which could surprise us.
Less is more!
USDJPY stop too long on the top and not making any higher position.
On the daily chart, you a harmonic pattern is clear to see.
According to this pattern, UJ can drop down to 104-99.8.
Accouding to our channel, a reflection point is expected to appear at the neckline of the bottom.
Do not underestimate the power of bear which could surprise us.
Less is more!
