exploration
Long

Falling Wedge Strategy EUR/JPY 74.89 pip move

FX:EURJPY   Euro / Japanese Yen
258 1 0
Setup: Falling wedge (high point of falling wedge is 169.42)- (low point of falling wedge 94.53) = 74.89 move up from the breakout of the falling wedge I hope to post a 4 hour chart with wedges patterns that follow this falling wedge pattern. here is the 4 hour chart on a setup
Please note: See updates at this web page .. this breakout (1 month Time frame) may change profit target area ratio because of its mass. I will try to add the new ratio at the time of the breakout or sooner..

Video tips on rising wedges and setting profit target and stop loss http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html

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Really good move up out of this falling wedge
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