jadeite

jadeite

SELL, if breakout confirms. TARGET 1: 1.05, Target 2: 1.03

jadeite

USDJPY may end the pullback on the blue trendline and continue to range. It provides an opportunity for BUYERS. Wait for the touch and follow price action. There is also a potential LONG breakout. Target 1: green trendline, Target 2: blue trendline.

jadeite

Breakout from the yellow channel can send price up over 1.09 just to meet the pink resistance line. Breakout from the green channel may send price back to 1.082 to form a triple bottom or further south. Always wait for breakout confirmation and use price support/resistance areas for target.