SeaLionLLC

$USDJPY Descending triangle still playing out 06-09-2014

FX:USDJPY   U.S. Dollar / Japanese Yen
The shooting star pattern did not play out and with the bullish candle today price may push its way to the down sloping trend line before reversing. Price can still move higher from here without invalidating the trade theory.

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.