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UnknownUnicorn32021811

A pattern we all know too well

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
UnknownUnicorn32021811 Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wedge
4
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trendanalysis chartpattern wedgepattern
Falling wedge is a very familiar pattern with all traders, that often succeeds. My stance is very bearish right now, but I'm paying attention to the 5 month support, in hopes of a breakout that could turn very profitable..
Comment:
Price broke line, peaking around 84.000. Was then followed by a swift correction and is carrying momentum downward. Targets set at 81.500.
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