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SeaLionLLC

$USDJPY Descending wedge pattern is maturing 06-11-2014

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
SeaLionLLC  
FX:USDJPY   U.S. Dollar / Japanese Yen
usd_jpy Forex Technical Analysis boj
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usd_jpy forex technicalanalysis boj
With the reversal at ~102.50 the descending wedge pattern is maturing. I am playing the short side down near support but in the big picture I am bullish once the pattern completes. Descending wedges are typically bullish continuation patterns.

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