Possible Short Scenario at top of channel.

FX:USDJPY   U.S. Dollar / Japanese Yen
598 7
As price is approaching top of channel, two short scenarios could come into play.

A) Break through .5 to .618 previous resistance
B) Break down from .5 level toward bottom of channel
Very good idea, nice piece of work!
+1 Reply
Good idea.Thank you.
Good stuff. Was about to publish a near enough identical idea but I would rather you get to the top list with this one!
good !!!
FXSurf Lemnos
Thanks, your valuable insight is always appreciated.
+1 Reply
Should be interesting if it works.
Gekko.uk IvanLabrie
Should be? This is a high probability set up. I can bet my whole account that this will happen. Amazing idea @FXSurf
+1 Reply
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