U.S. Dollar / Japanese Yen

Short

USDJPY speculation - 28/05/2018

By SeanHutcheson

Updated

Top down analysis of USDJPY - please comment any feedback or ideas!

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Continued/continuing with predicted bounce between support and resistance zones, awaiting a clear break.

Note

Broke the symmetrical triangle, entered on the break!

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74 pips in profit!

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97 pips profit.

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Retracement to 57 pips profit. I see a descending channel forming.

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Down to 51 pips profit if you didn't close this trade at 97 pips profit like I recommended on my free telegram.

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