Waiting for pattern to define itself....more down for sure....then look for the long trade on the bottoms or the breakout...
Cad has more room down...edging its way into the hitzone....dollar will recover ;) I'll update, once a pattern is formed
Once the pattern top is defined we can look for trades on the trendlines of the structure...waiting for that swing to begin....remember...this will swing bearish to bullish...so neutral is my stance...but bearish is the initial trade...
Ok....now we got a good pattern forming after the opening drop.....once the structure is clear trades can be placed on the pattern trendlines or breakouts of the pattern...
waiting on pattern to complete to confirm the direction of this move.....could be continuation or break down to lower trendline (blue). Price should move down at least one more time to orange trendline...
As with all JPY pairs its setting up for a long term sell....major move....price is ready to fall
Expecting bullish move to the top of the pattern...
Waiting for possible 5th wave to begin...4th wave could make a continuation pattern for awhile before dropping...overall bearish outlook...
price is int the middle of the pattern...waiting for next structure to appear....overall bearish outlook with bullish moves in between the major fall....
ABC pattern about to start the C-leg...Price could break the channel on this downward move or revers for one more up leg.....DONT MISS THIS TRADE...
Same 3 wave pattern about to start its final leg up....DONT MISS THIS TRADE......
price should continue through the pattern and breakout....expect a continuation pattern then further down before reversing....short term sell.....dont miss it....
Bullish to the top of the trendline or retest of previous high. Nothing indicating a reversal of upward momentum.
Looks like one more down wave before the up move...best place to buy is at the bottom...
Waiting for break up .....price could fall lower....large move up coming...dont miss it.
Waiting for a short move......still in the middle of nowwhere....but all JPY pairs are selling off....so expecting down wave also..
price is in the middle of nowhere but looks like its going to go bearish like all other JPY pairs....
Move is underway down to bottom of channel....wait for correction to join down move...