Short opportunity if USD/JPY breaks rising wedge

Rising wedge formed on USD/JPY, with a possible short in play if we see it break down. Some clear target levels based on previous support and resistance areas.

If we see a bounce on the lower trend, a short opportunity might be at the top of the wedge.

This is purely technical, so will depend on macro factors.

Yorum:

If price continues up, we could adjust to enter at the top of the wedge. Adding in a new 1st target.

Yorum:

USD rallied against JPY, unsuccessful. That technical pattern didn't play out