USDJPY Looks Like an Inv. Head and Shoulder
This is how Inverted hammers are formed. SPY
Trade on chart
Notes on Chart
Broadening Triangle Pattern. Possible Inversion at the middle of the pattern hints to a downward breakout.
GAP CLOSE - BEARISH HARAMI - Bullish Continuation 53% of the times
Molycorp has a double bottom pattern with the neckline break and is reconfirming. Should reach 9.61$ as a price target.