Rising Wedge on USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 7, 2019 8:15 PM

FX:USDJPY has just completed 5 waves forming a leading diagonal - rising wedge.
RSI is showing bearish divergence on 4HR TF. For more confirmation you should wait for a breakout.

Cheers!

Comment

⋅ Nov 14, 2019 11:43 AM

It's getting very close to breakout of the pattern.

Comment

⋅ Nov 14, 2019 5:43 PM

We have a breakout.

Comment

⋅ Dec 3, 2019 2:32 PM

Target remains the same

Trade closed manually

⋅ Dec 31, 2019 6:25 PM