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AbsS
17 May 2017 23:22

USD/JPY Consolidation Range Formation Prediction 

U.S. Dollar/Japanese YenFXCM

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Wyckoff Anallysis.

Left hand side of chart shows previous distribution range that we have been marking down from.

Chart is self explanatory. Forgot to add that there is a localised volume spike at the change of character giving a further confluence of something different now happening, ie, new consolidation range forming.

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Further freaky crystal ball-esque confluence:

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Happening just as predicted:

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Looks like a fairly large range compared the one it marked down from.
uk.tradingview.com/chart/7fHyt8lz/

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Bad link above.
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