USDJPY-Weekly Market Analysis-Oct22,Wk2
In my analysis of the USDJPY Daily Chart, the Bearish Crab Pattern still stands. At this moment it is a Bearish Crab Pattern checkback, which means it is at its best possible price for interested traders to engage this trade with the best Reward:Risk that is possible that happens on the Crab Pattern.
Personally, I'm not that crazy about that because of the prolonged consolidation. I'm more interested in the buying opportunity as I believe that USD still have room for appreciation.
Personally, I'm not that crazy about that because of the prolonged consolidation. I'm more interested in the buying opportunity as I believe that USD still have room for appreciation.
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