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U.S. Dollar / Japanese Yen
Short

USDJPY Daily Possible Inverted Cup and Handle

By SimpleMillennialAverage
Updated
After looking at the daily timeframe for quite sometime, I just noticed the possible Inverted Cup and Handle. Let's see how this forms
Note
s3.amazonaws.com/tradingview/snapshots/k/kiR6HcEL.png Updated the handle. As long as we don't violate the previous handle high then this pattern is still in play.
Note
s3.amazonaws.com/tradingview/snapshots/d/DEeeWiGc.png Updated 2/22/2017
Note
Handle near completion and daily support now being tested. Lets wait for a breakdown or rejection
Trade closed: target reached
Will post an updated version of the charr
jpykurodaUSDUSDJPYDJ FXCM Indexyellenyen
SimpleMillennialAverage

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