USDJPY - Bearish Shark Pattern Formation

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 27, 2016 9:03 AM

After the interest rates news on Friday, I believe the market has decided on where it wants to go.

I am now bullish on the USD until this Shark pattern completes.

Zone to watch, 106.30 to 106.60.

Comments

alhoby

⋅ Aug 27, 2016 9:59 AM

Hi

Do you think that this pair will open with big gab to above next week ?

TerryHarmonicTrading

⋅ Aug 28, 2016 4:01 AM

over the weekend gaps are normal, it could happen. Did you happen to be short on this?

alhoby

⋅ Aug 28, 2016 6:12 AM

Nop, i am in long already due to it should continue in long in next Asia market at least for 50 point. ... am i right?