USDJPY today hit our B Target at 93.70
Moreover, if the S1 and S2 supports crack without completing the rally mentioned above, I see a minimum of 6 to 7 H4 bars of sustained bearish...
Bearish movement prevails
A clear violation of the Crucial Weekly Support line (S) at 95.25/30s turned the table around. But as we draw attention to H4 component, a rally...
Now, hereâs a close look at the price action by H4. Observe closely (on the 4-Hour Chart) the periodic oscillation of approximately 2 bars down...
Now on its second wave of decline
USDJPY on the 4-hour chart (H4) is on hard down. Only 2nd along on nominal duration play with about 3 to go and this will also be a total of 12...
H4 has topped out after a total "run up" of 7 consecutive bars. But the backpedal may not be too extensive or aggressive and may look only to...
Remember, cyclicality is based on price and time (duration). I said 4th along on the H4 bars and a maximun of 7 bars, hence 3 more bars after...
The principle of cycles shows you - how low is low? how high is high? and When is low? When is high?
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