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DanielParra99

USDJPY (Ending Diagonal) - 1h Chart

U.S. Dollar / Japanese Yen (FX:USDJPY)  
DanielParra99  
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns Wave Analysis Trend Analysis Ending Diagonal
9
0
harmonicpatterns waveanalysis trendanalysis endingdiagonal
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

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