VasilyTrader

rising wedge + structure on dollar yen

Short
VasilyTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen

hey guys,

we see how a price contracts in a rising wedge pattern
reaching a significant level of resistance.

with overbought rsi and divergence,
the only thing that we are looking for is a bearish breakout of a rising wedge.

then we can sell the market with targets based on structure.

good luck!
Comment:
be careful, sell only after a breakout of horizontal support

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