This market is creating a fat correction to complete ABC but it is possible to change structures in the near future. Yen has been very weak leading this pair to break the top from January the 4th.
Now the path has 2 possibilities. One is we start going down directly from current levels and number 2 scenario is that is gets one sharp down today and Monday and one more push up on Tuesday and then sell.
Either way in my opinion very good sell setup is getting ready so have this on watchlist is good idea.
This is only for educational purposes only.
Now the path has 2 possibilities. One is we start going down directly from current levels and number 2 scenario is that is gets one sharp down today and Monday and one more push up on Tuesday and then sell.
Either way in my opinion very good sell setup is getting ready so have this on watchlist is good idea.
This is only for educational purposes only.
