USD_JPY Christmas dance on Fed music Short and Long and Short
Price overextended at this point.
I expect a Crab to be formed and a double top at least before market will had down to 110.215 area.
This will be a point for a Bullish Cypher completion and then , if price action confirms I am planning on taking my long position
all the way to 119.00 area where big naughty Crab will complete again for a bearish move.
Not to far, the rate hike might make it happen till this years end.
Just my Christmas gift to you guys. Fingers crossed I am not the Bad Santa.
I expect a Crab to be formed and a double top at least before market will had down to 110.215 area.
This will be a point for a Bullish Cypher completion and then , if price action confirms I am planning on taking my long position
all the way to 119.00 area where big naughty Crab will complete again for a bearish move.
Not to far, the rate hike might make it happen till this years end.
Just my Christmas gift to you guys. Fingers crossed I am not the Bad Santa.