exploration
Long

Falling Wedge Strategy USD/JPY 87 pips

FX:USDJPY   U.S. Dollar/Japanese Yen
258 2 0
Setup : Buy when price action breaks out at the top of the falling wedge 87 pip target from the break out.

Video tips on rising wedges and setting profit target and stop loss http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html

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Price retested the wedge area and came close to the stop out but price went back up and did not stop out...still on profit target area :)
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The rising wedge has increased in size(rising) and is still a rising wedge..i have moved my stop out above the rising wedge
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