USDJPY 30 - Potential Quasimodo

2019-12-18 22:54:23

The Quasimodo pattern happens almost always before a big drop or a big rally. I think USDJPY is ready for a big pullback as it has reached the daily down-trend resistance line. If this pattern fullfills and there is a move to the bottom of the most recent 30min range, there is a high probability it will make a large drop soon after.