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UPDATE: USDJPY: Bearish Crab Completed - Profit Targets

FX:USDJPY   U.S. Dollar/Japanese Yen
This bearish crab I posted earlier is now completed. As of this posting, prices have gone into the crab's PRZ. Typical of crab pattern's that prices would test the PRZ. If prices should exceed the PRZ, there is of course a bearish Bat pattern just over head to consider.

Profit targets on this pair are minimal but keep in mind that this pair is still in a strong uptrend. So any counter-trend trade at this time should not be expected to go too far until a proven true reversal is at hand. And so far, that has not happened. I'll be posting a thorough analysis on this pair later today and I can tell you now that I am STILL overall bullish and expecting more upside to come.
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ChatchaiVong
a year ago
thank so much
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