finitemonk

USDJPY - REPEAT BEHAVIOUR

FX:USDJPY   U.S. Dollar/Japanese Yen
80 0 1
Hopefully self explanatory - using the same lines of the
upward Andrews Pitchfork we see similar behaviour
between the same lines.

My particular interest will be to see if the reversed entries /
tendency towards reversed pattern mean a reversed exit -
i.e that coming in from the top this time it drops out the bottom.

Taking into account the peak at 101.50
this outcome of course would also be a characteristic H&S .

PS. Noting todays             drop in metals esp             . silver             the dollar hasn't responded upward,
suppressed by muted/turbulent equities, IMHO overheated :), and a strong performance from sterling
following a very predictable NO vote from Mark Carney.
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