USDJPY
Context
- superb and intact major UT
- price is in the middle of the prev. major down swing
Swings
- wide pendulum swings
- good pivot swings for (re)entrys
Price Action
- from 120.44 price spiked up, showing it's intention
- V-Formation with PB at strong resistance (red)
- recurring V-Pattern, smaller with (green) potential support, allthough price is below major centerline (black-dashed)
- (red-dashed) pressing...mostly shoots to the opposite side of the press!
- price reacting nicely at the A/R lines
...(yellow) "diamond" pattern?...no clue, but could be.
Potential Long at the green support?
With target to the upper major (grey) A/R line (U-MLH)?
Peace!
- superb and intact major UT
- price is in the middle of the prev. major down swing
Swings
- wide pendulum swings
- good pivot swings for (re)entrys
Price Action
- from 120.44 price spiked up, showing it's intention
- V-Formation with PB at strong resistance (red)
- recurring V-Pattern, smaller with (green) potential support, allthough price is below major centerline (black-dashed)
- (red-dashed) pressing...mostly shoots to the opposite side of the press!
- price reacting nicely at the A/R lines
...(yellow) "diamond" pattern?...no clue, but could be.
Potential Long at the green support?
With target to the upper major (grey) A/R line (U-MLH)?
Peace!
Feragatname
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