USDJPY H1 Confirmed Diamond Top! Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 14, 2018 4:37 PM

USDJPY H1 Diamond Top pattern is confirmed.
Taking short position target 113.30
,where we can add the height of the pattern to the break down level.

Trade closed: target reached

⋅ Nov 14, 2018 11:40 PM

Trend Analysis Chart Patterns

Comments

FXCM

⋅ Nov 15, 2018 9:33 AM

We have a bullish view bias on USDJPY. If it surpasses its horizontal resistance at 113.70, we expect to see a further move up. Stochastic is also approaching its support. Here’s our idea!