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Bandarsq

Rising Wedge on USDJPY

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Bandarsq Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Wedge Elliott Wave USDJPY jpy yen DXY EURJPY GBPJPY
23
0
wedgepattern elliottwaves usdjpy jpy yen dxy eurjpy gbpjpy
USDJPY has just completed 5 waves forming a leading diagonal - rising wedge.
RSI is showing bearish divergence on 4HR TF. For more confirmation you should wait for a breakout.

Cheers!
Comment:
It's getting very close to breakout of the pattern.
Comment:
We have a breakout.
Comment:
Target remains the same

snapshot
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