USDJPY (Ending Diagonal) - 1h Chart
Ending Diagonal
- 5 clear points
- 1 and 4 retesting same level
- 0 to 1 should be same distance as 4 to 5
- after point 5 is reached, bullish movement towards 0.786
We can see some clear consolidations been formed inside this channel, you could sell towards point 5 or play it safe for Ending DIagonal confirmation for bullish movement.
Good Trading. -1h Chart
- 5 clear points
- 1 and 4 retesting same level
- 0 to 1 should be same distance as 4 to 5
- after point 5 is reached, bullish movement towards 0.786
We can see some clear consolidations been formed inside this channel, you could sell towards point 5 or play it safe for Ending DIagonal confirmation for bullish movement.
Good Trading. -1h Chart
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.