USDJPY
USDJPY is forming a potential ABCD pattern on the 1H chart with completion at the main 2014 Daily S/R level. Potential Reversal Zone formed by the 1:1 ABCD completion and the 2.0 extension of the BC leg.
Will be looking to buy at the PRZ in anticipation of a bounce back to the .382 and .618 retracement of AD.
USDJPY is forming a potential ABCD pattern on the 1H chart with completion at the main 2014 Daily S/R level. Potential Reversal Zone formed by the 1:1 ABCD completion and the 2.0 extension of the BC leg.
Will be looking to buy at the PRZ in anticipation of a bounce back to the .382 and .618 retracement of AD.