This candle might give us an indication that we have a shift in trend for USDJPY
The ABCD completed at 105.818.
Further confirmation due to the legit doubte bottom.
There is also a structure level (Red horizontal lines)
Looking to get into this trade pretty soon. Probably as soon as it hits 105.800 again
My stop will/would be at 105.450
first target: 106.400
extended target based on structure levels.
Hope this helps you ;)
The ABCD completed at 105.818.
Further confirmation due to the legit doubte bottom.
There is also a structure level (Red horizontal lines)
Looking to get into this trade pretty soon. Probably as soon as it hits 105.800 again
My stop will/would be at 105.450
first target: 106.400
extended target based on structure levels.
Hope this helps you ;)