USDJPY Monthly chart analysis: we have a pink channel internal turbulence,
AB band broke the blue trend line effectively,
and the BC band C side back to step on the blue above the trend line,
at the same time, the place in the current price we see a clear support area (blue block).
Looked from the overall trend form, more like a head and shoulders bottom model,
so, we are looking forward to market out of the ABCD model.
However, we are looking for more buyers!
Good luck , support you like, please leave your ideas below.
Updates will be in the comments section below.
AB band broke the blue trend line effectively,
and the BC band C side back to step on the blue above the trend line,
at the same time, the place in the current price we see a clear support area (blue block).
Looked from the overall trend form, more like a head and shoulders bottom model,
so, we are looking forward to market out of the ABCD model.
However, we are looking for more buyers!
Good luck , support you like, please leave your ideas below.
Updates will be in the comments section below.
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