Remember the ABCD pattern I posted many moons ago? Well it was in operation on USDJPY.
On my data, the move from A - B was 582 pips and from there you could have set a target for C - D for 582 pips which actually ran for 593 pips.
This is a more common occurrence than you might think.
Also, note how all the JPY pairs are trading within channels
On my data, the move from A - B was 582 pips and from there you could have set a target for C - D for 582 pips which actually ran for 593 pips.
This is a more common occurrence than you might think.
Also, note how all the JPY pairs are trading within channels
15 YEARS OF PASR ON FOREX FACTORY!