I currently see a large Ascending Broadening Wedge pattern on the H1 Time-frame and a small potential channel. Based on the pattern, I reckon Ninja will potentially retest the bottom wedge line as long as it stays inside the white channel.
This week, we need hints from the high-impact incoming US data to decide whether we will buy at the bottom wedge line targeting 147 or keep selling if the price breakout below the wedge line until 139.
If we see DXY, It seems to have already reached the "TOP" chart attached below
But unfortunately, JPYX is still crashing badly
This week, we need hints from the high-impact incoming US data to decide whether we will buy at the bottom wedge line targeting 147 or keep selling if the price breakout below the wedge line until 139.
If we see DXY, It seems to have already reached the "TOP" chart attached below
But unfortunately, JPYX is still crashing badly
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