Hello Traders, the market is current on a bulilsh trend for quit some time.
Here we can se that the market always retrace to a 61.8% (not on the dime, but around the zone) then it shoots up higher than a 1.27% ext.
Too bad I didnt perform this forex analysis last week, we can see that once more it hit 61.8% retracement and went up for approx. 41 pips and close the session with 20pips.
You can see on this chart where is my predictions.
*FYI there is a possible Bat Formation at 106.40, review my previous chart for that analysis ( USD/JPY 1D Bat Pattern ).
Here we can se that the market always retrace to a 61.8% (not on the dime, but around the zone) then it shoots up higher than a 1.27% ext.
Too bad I didnt perform this forex analysis last week, we can see that once more it hit 61.8% retracement and went up for approx. 41 pips and close the session with 20pips.
You can see on this chart where is my predictions.
*FYI there is a possible Bat Formation at 106.40, review my previous chart for that analysis ( USD/JPY 1D Bat Pattern ).
Trade active