araguaney

IS USDJPY A BULLISH TRAP?

FX:USDJPY   U.S. Dollar/Japanese Yen
15 0 4
the pais seems to have broke a flag formation it was in to the upside, and seems to go for the fences, but for me that might be the problem, the fence is close and that fence is the upper part of the bearish channel the pais is in, so for me ill be waiting to see if it breaks the green line wich is the upper part of the bearish channel and also a daily S/R line so there´s a nice confluence there, for confirmation.

just an idea so we eait and see
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