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DariusAnucauskas

USDJPY - 240 - Something like this?

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
DariusAnucauskas  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Markets are a bit indecisive at the moment. But USDJPY has drawn this familiar pattern.

If this proves to be correct, the potential upside target would be around 113.500 (+/- 0.1).

Wait for a close above the "neckline".

I will totally scrap this idea, if the price falls back below 112.500.

Be careful and keep an eye on the price action!
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