christopherbrecher

YEN forming a nice triangle on a weekly chart.

CME:J61!   JAPANESE FUTURES
155 4 1
The YEN looks to either break down and continue down all year, or break up above the triangle, and cause a lot of confusion for the Japanese finance ministers.
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price seems projecting lower but if we re-enter inside the triangle today I would go long
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already out of the triangle..
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...Symmetrical triangle is an ideal fourth wave.

$JPY - Obama The Peacemaker
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