USDJPY - Retesting Rising Wedge Resistance Now
Watching for a break back into the channel or a rejection at the support-turned-resistance to complete the pattern.
If you are long yen, this might be a spot to take some off the table.
My targets are 130 for the rising wedge, and then 125 for the C Elliot wave and retest of the head and shoulders neckline.
Good luck and enjoy these fun times!!
If you are long yen, this might be a spot to take some off the table.
My targets are 130 for the rising wedge, and then 125 for the C Elliot wave and retest of the head and shoulders neckline.
Good luck and enjoy these fun times!!
Trade closed: target reached:
130 Target reached
