Of USD/JPY.
It is 30min Chart.
See the ①② and recognize that it is 120 ma and 240ma(moving average)
And fully comply with the trend line ③ without any rebellion
As you noticed, no sooner had the Mas
converged into the trend line ③ than the candles was up as likely
as rocket
However
For the readers of long terms investor, I would
like to advise you to keep going on it and companying with trend but to alert the
previous higher point, 103.405Yan.
If the 103.405Yan is breakout as a new
record, the Wave is not dead
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