FX:USDJPY   U.S. Dollar / Japanese Yen
I have not traded the USDJPY in some time. I failed to recognize the contracting pennant that I love so much
until too late. Though in theory 136 is the target it is HIGHLY overbought. That said I do not recommend
trading this until it sets up a strong sell signal. This has been one of my few mistakes. I did make good
pips out of it but that breakout...damn. I should have seen it. My bad.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.