USDJPY: potential extension pattern in play

2020-03-03 20:57:20

This is a potential emerging extension pattern.

If price breaks the current lows at ''C'' the pattern remains valid, but could require some new measurements. Price should not test A.

Look to short around 108.400, and maybe wait for the trendline break for confirmation.

Notice how many set-ups this market have provided in the recent two days.