USD/JPY just experienced a volatility explosion with a push to the upside from the wedge pattern I showed in the video. I'm bearish here, but I need to see if the big players and I are on the same page. Instead of throwing in a trade before any kind of signal, I am waiting for the trade to set up properly. This currency pair can just as easily recover with a...
There is a nicely shaped bearish pin bar on the daily candlestick chart for the USDJPY pair. While it is a nice candle I do not think it is tradeable given the overall price action picture. A few problems I have with this pattern is that in some of the trend lines interpretations, the pin bar is actually sitting on top of the trend. This pinbar is also forming...
