Potential Wedge in USD/JPY Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Feb 13, 2018 11:51 AM

Wedge may trace out in USD/JPY. It may be either an ending diagonal or a beginning diagonal. Whatever it is, the subsequent retracement is usually deep. The wedge is dead below 107.15.

S/L 107.15
Target 108.90

Trade closed: stop reached

⋅ Feb 14, 2018 7:48 AM

Not a wedge! Stop triggered.

Comment

⋅ Apr 7, 2018 7:41 PM

-0.4%