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ShreeKrishna
Apr 13, 2019 10:36 AM

Consolidation phase 

U.S. Dollar/Japanese YenFXCM

Description

This pair is indicating it will high likely move in side way pattern , the internal structure also indicate its moving 3 wave pattern and it will remain in the side correction
and the pull back from recent low shows strong response so i am not looking any deep corrective pattern in this pair
One can look for trading with this range , slightly up or down move is possible but they will move side way before they make next leg move up

Trade active

started moving towards the lower level channel

Comment

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Comment

Exactly what i said , small portion here & there but it is consolidation in 3 wave as side way pattern
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