Running out of trust in the double rising wedge Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 7, 2014 5:57 AM

Short term and long term USDJPY short play from here. Extremely good risk reward area to be shorting it.

Double rising wedge in 1H and daily timeframe. Truncated wave 5 (daily)

Comments

ProgramBaynesJourneyman

⋅ Nov 7, 2014 5:58 AM

Here is the daily rising wedge.