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slindstr

USDJPY AB=CD BUY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
slindstr  
FX:USDJPY   U.S. Dollar / Japanese Yen
USD (US Dollar) usdjpylong AB=CD AB=CD buy
1
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usd-us-dollar usdjpylong abcdpattern abcdpattern buy
On the daily it looks like there's a potential AB=CD BUY pattern that's almost complete. We've got some good structure in the 116.80s and RSI (14, close) is showing that we're on our way to being oversold too.

BUY @ 117.10s
SELL @ 118.48 (TP)
STOP below structure @ mid 116.80s

Counter trend traders could also wait until the .382 retracement to get short.
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