1mn with ForexSurvivor
USDJPY Head Pattern,
Till US closes its session today, USDJPY might jump 20 pips from its current level (101.86) to unwind ForexSurvivor indicators from oversold zone.
However, most important is to punch a close below 101.75 neckline to have the sell-off exaggerated its downtrend towards 101.30.
Since it bottomed on 12 Jun, the currency shapes Head & Shoulder pattern which helps identifying an exit for the bearish scenario once a close above the head (>102.36) is triggered.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
USDJPY Head Pattern,
Till US closes its session today, USDJPY might jump 20 pips from its current level (101.86) to unwind ForexSurvivor indicators from oversold zone.
However, most important is to punch a close below 101.75 neckline to have the sell-off exaggerated its downtrend towards 101.30.
Since it bottomed on 12 Jun, the currency shapes Head & Shoulder pattern which helps identifying an exit for the bearish scenario once a close above the head (>102.36) is triggered.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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