USD/JPY
Speculations!!!!
could we see a morning star formation formed before the end of the year.
as we can see my 61.8% fib lines up with a nice level of rejection and just above this is my monthly resistance.
on the lower time frames we have already seen father indications that we should sell (1w and 1d time frames.
however the movements towards the end of the year become slower and things start to range more, I believe we will see this pair decline from December and increase its drop in the new year.
could we see a morning star formation formed before the end of the year.
as we can see my 61.8% fib lines up with a nice level of rejection and just above this is my monthly resistance.
on the lower time frames we have already seen father indications that we should sell (1w and 1d time frames.
however the movements towards the end of the year become slower and things start to range more, I believe we will see this pair decline from December and increase its drop in the new year.
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