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NannePost
26 lug 2019 11:38

Upcoming Short Entry. Short

U.S. Dollar/Japanese YenFXCM

Descrizione

USD/JPY broke out of it's triangle formation late May. It made numerous pullbacks to the slope line and got rejected on every attempt.
Since the peak in April it has been declining, using a standard Pitchfork. It caught the June bottom very decent. I would probably aggressively scale in to this trade as we move higher, with stop above the 110 handle. First target has to be the 2018 low @ ~105. Second target the 100 big figure.

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