My view has change on most of yens pairs and my bias is more bullish than bearish due to few reasons.
First -- structure shows signs of triangle pattern in development as big correction to upside.
Secondly we have had breakout from consolidation on EURJPY where price made recent new high all signs pointing on continuation of rally.
All subwaves in ABCDE main waves have characteristic formation of 3 waves abc.
First -- structure shows signs of triangle pattern in development as big correction to upside.
Secondly we have had breakout from consolidation on EURJPY where price made recent new high all signs pointing on continuation of rally.
All subwaves in ABCDE main waves have characteristic formation of 3 waves abc.
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