We can see from weekly that volatility became apparently small since 2017.
weekly
140.000 - 155.000 Both of the upper and lower of the range are blank.
Therefore, if you go outside one of the upper and lower ranges, it may be possible to expect volatility to recover.
Since it is the most recent range, I will aim for both long entry and short entry as...
The daily chart of the GBP/JPY has formed a Full Elliot Wave.
It is poised for a bullish correction in the form of ABC Wave.
The pair is also in downchannel formation and there is a good possibility that it will go towards its upper trendline.
It has also formed a morning star pattern in the candlestick pattern.
So as per the above analysis,we can expect the bulls...
Japanese YEN E-MINI Futures a strong buy candidate. Buy only at 0.0094850 as CMP is greater than this price, wait for the prices to come down to the support level. Keep a stop-loss of 0.0092490 and Target 1 at 0.0099290 and Target 2 at 0.016410.
Daily and Weekly charts above Ichimoku Kumo signifying a clear BUY signal.
