ChrisThein

USD/JPY 240 Pennant Breakout

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
There is a potential breakout on the 240min chart. I would prefer to see a really bullish candle come out of this pattern before getting long. I would take profits no higher than the 113.25 zone. We are still in a bearish trend so this would be a good area to get short. Good luck trading out there.
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