In September last year, the price broke through the resistance at 124.55. Then fell to 121.66 support. And it continued to move in a growing trend between these two lines. The movement went without breakdowns. The lines get narrower in the future and the fluctuations get smaller. The last time the price touched resistance at 128.49 was last week. She is now in the process of falling. The price has worked out the correction. I expect that she: - touches support 127.27. - will rise to resistance The target is 128.94.
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Leading analysts predict the growing trend will continue despite strong stimulus from the Japanese central bank! I can immediately tune in to growth without falling as you said!
DeGRAM
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@Solldy, I propose to wait for the start of the movement.
I'm still waiting for the fall.
UnknownUnicorn15614419
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I appreciate your opinion, but I'm not entirely sure. From my side, it looks like this: the price will first rise and touch the resistance and then fall. Or it may even break through the resistance, as there is a base of economic news for this.
DeGRAM
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@TradingStat, Thanks for sharing.
Let's wait for the result.
TradingAlchemist
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feel confident saying that you have taught us a lot with your analysis. dear