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SeaLionLLC
Jun 11, 2014 9:20 PM

$USDJPY Descending wedge pattern is maturing 06-11-2014 Short

U.S. Dollar/Japanese YenFXCM

Description

With the reversal at ~102.50 the descending wedge pattern is maturing. I am playing the short side down near support but in the big picture I am bullish once the pattern completes. Descending wedges are typically bullish continuation patterns.
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