USD/JPY 240 Pennant Breakout

There is a potential breakout on the 240min chart. I would prefer to see a really bullish candle come out of this pattern before getting long. I would take profits no higher than the 113.25 zone. We are still in a bearish trend so this would be a good area to get short. Good luck trading out there.
240minbreakoutBullish PatternsPennantusd_jpy

Disclaimer