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Chimbarosa

Don´t toss a coin, wait for the break out...

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Chimbarosa Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Wedge
1
0
wedgepattern
...daily wedge. Wait for the break-out. I have still an open gap, but right now I just need more confirmation. Keep in mind the BoJ signaled changes… so if we gonna fill the gap is written in the stars. Therefore let´s focus on the technical analysis and wait for the break-out.
Trade active
Trade closed manually:
SL for me is above 111.20. Nevertheless I am closing the trade manually and realized a loss of 30 pips.
Comment:
It is good that we closed the trade manually yesterday. But it is worth to review the trading idea.
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