#USDJPY H1 | One more Rally is coming?
Well, right now, I'm not sure that this is an re accumulation trading range. The UT action for now, doesn't tell us a lot. But the volume and Change of Character show us more details.
ChoCh to reserve the trend? Maybe yes, maybe no. But, it's a good time to understand where could we go next week and further.
I will wait for the end of the Monday to see who will dominate in the market. If we'd have some kind of Spring signal and some urgent buying activity - so yes, let's buy again.
Also, the development of 2-2 trading range doesn't show us a big picture.
Let's wait for more signs and confirmation in a 1-1 channel to predict the further steps.
ChoCh to reserve the trend? Maybe yes, maybe no. But, it's a good time to understand where could we go next week and further.
I will wait for the end of the Monday to see who will dominate in the market. If we'd have some kind of Spring signal and some urgent buying activity - so yes, let's buy again.
Also, the development of 2-2 trading range doesn't show us a big picture.
Let's wait for more signs and confirmation in a 1-1 channel to predict the further steps.
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