FX:USDJPY   U.S. Dollar/Japanese Yen
I am sure many of you have been tracking this channel and trading inside it. The question is when it will break? There are no major news set for today (30/01/2015), the last trading day of the week and month, so I would expect the lower boundary to hold.

Potential trades:

1) Buy in the region of 117.35-50 aiming for 118.40-50. Stop loss 117.10 or 116.8 (could even reverse the trade to go short into trade 2)
2) Sell on the breakout of the triangle downwards around 117.10 (potential retest around 117.35 so keep the SL above). Target 116.05.
up
Reply
Yep, I'll be buying at 117.41, but ready to reverse if it starts falling
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out