USDJPY / H1 / Technical Chart Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 7, 2019 8:15 AM

USDJPY / H1 / Technical Chart

The wedge pattern was broken

the targets are on the chart

we will enter to trade at the sell stop level

good luck

If you have any different analysis please share with us at comment part

Comments

Gino

⋅ Jan 8, 2019 12:36 AM

I don't think 700 pips drop is valid on short time frame :-)

FxCanli

⋅ Jan 8, 2019 2:52 PM

@Gino, I think same with you

Wavey_Ishmael

⋅ Jan 7, 2019 6:23 PM

@jordanbyron7

IlkinAHMADJr

⋅ Jan 7, 2019 5:39 PM

We have a previous big bearish bar. And after that we have a many bullish small bars rising up. This means the price will strongly down after break the triangle channel.Congratulations

FxCanli

⋅ Jan 8, 2019 2:42 PM

@ilkinAHMAD, Thank you very much for the message :-)

IlkinAHMADJr

⋅ Jan 12, 2019 1:10 PM

@FxCanli, Thank you to. But i dont reccommend to trade with wedges pennants etc. You will be more succesfull with Head and Shoulders and Harmonic Patterns.

Carabechu

⋅ Jan 7, 2019 3:48 PM

upup

FxCanli

⋅ Jan 8, 2019 2:50 PM

@Carabechu, it is better the share your analyses then we will understand why you think like that

thejuveniletrader

⋅ Jan 7, 2019 10:07 AM

I have the same setup sir! :) thank you

FxCanli

⋅ Jan 8, 2019 2:43 PM

@thejuveniletrader, Yor're welcome :)