This pair has completed its upward trend with a culmination of its rising wedge as shown below. The formation is complete and therefore the pair is expected to tumble. Also in evident is the double tops formed along the trend line which the pair has respected and shown no interest in breaching the trend. Check out the set up and let us know on the comments below...
The #USDJPY pair is an amazing pair to go #Bearish on at this time! I have many reasons among them; The pair has respected the monthly trend lines and showed no interest of breaking the present bear channel! It completed the upside move in June 2015 and has been on a downside trend for the last 3 years and 10 months. It is almost done forming a triangle with...
