Falling Wedge Strategy ...73 pip move Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Dec 17, 2012 6:52 PM

Setup: USD/JPY Buy when a break out from the top of the falling wedge ...73 pip move from break out point... Looks like at the time of this posting a break out is in progress. Wait until a good full break out from the falling wedge.

Video tips on trading and placing profit traget and stop out informedtrades.com/3355-falling-rising-wedge-trading-strategies.html

Please follow my charts at this link by clicking on the follow tab tradingview.com/u/exploration/ Thank You. I accept tip money ( tip jar) on my fathomex.blogspot.com with google wallet Thank you for your support

Comments

exploration

⋅ Dec 19, 2012 4:25 PM

Profit Target reached + 70 pips

exploration

⋅ Dec 17, 2012 9:04 PM

USD/JPY This is a study on wave 5 a chart i subscribe too showing where wave 5 is going I calculated that wave 5 is heading to 85.80 area trendrecognition.com/images/stories/2012/forex2012/usdjpy_st_20121215.gif

exploration

⋅ Dec 17, 2012 9:00 PM

USD/JPY My break out point is 83.77 = 00.73= 84.50 target area for the small wedge break out The bottom wedge profit target 85.81

exploration

⋅ Dec 17, 2012 8:53 PM

Here is the chart for the bottom wedge that i calculated to help see where price is going tradingview.com/v/lVTLviOK/