USDJPY moved above the descending channel, creating the AB=CD pattern.
It broke and closed above the channel. Now it has pulled back to the 38.2% fibo retracement level.
The market created a buy opportunity at the support level: break and retest.
We expect a completion of the AB=CD. Breakout, pullback, and continuation trade.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
It broke and closed above the channel. Now it has pulled back to the 38.2% fibo retracement level.
The market created a buy opportunity at the support level: break and retest.
We expect a completion of the AB=CD. Breakout, pullback, and continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex