USDJPY Comments Update:
Sonicers,
The H4 H&S is still in-play. The Robber Banks have recently taken the price back below the 108.00 whole number, loaded up, and now the price is climbing again. RWH just happens to be in confluence with the H&S target, which is also just a bit below a half number. That half number could actually be the real target area the MMs have for a nice new 150+ pips bull swing that may now be in progress.
The M15 is a post-LS Classic setup at this time, and the H1 chart supports the notion of a bullish trend. Interesting, huh?!
However, with the LS being over, price movement becomes an unreliable metric for the most part. Nevertheless, it will be exciting to see what the MMs do with price in these after hours, and then what the MMs do with it in the upcoming Asian session.
Sonicers,
The H4 H&S is still in-play. The Robber Banks have recently taken the price back below the 108.00 whole number, loaded up, and now the price is climbing again. RWH just happens to be in confluence with the H&S target, which is also just a bit below a half number. That half number could actually be the real target area the MMs have for a nice new 150+ pips bull swing that may now be in progress.
The M15 is a post-LS Classic setup at this time, and the H1 chart supports the notion of a bullish trend. Interesting, huh?!
However, with the LS being over, price movement becomes an unreliable metric for the most part. Nevertheless, it will be exciting to see what the MMs do with price in these after hours, and then what the MMs do with it in the upcoming Asian session.