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    USD/JPY: "Three Methods" have ruined bulls at all

    USD/JPY: "Three Methods" have ruined bulls at all

    There're two “Three Methods” patterns, so the price found a lodgement under the last “Window”. Despite of the last “Three Methods” is unideal, the market is likely going to reach the nearest support line. As well as we haven’t got any reversal patterns on the Daily chart, today’s candle is probably going to be a bearish one.

    USD/JPY: "Three Methods" have ruined bulls at all

    The price has been falling down since a “Shooting Star” arrived at the last high. We’ve got serious of “Three Methods” patterns, but currently the market is moving in a range of a flat. Anyway, bears are likely going to reach the nearest support, so we should be prepared for a possible bullish correction afterwards.

     

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