USDJPY 1H TECHNICAL ANALYSIS

1 Mar 2017

Falling wedge pattern, the price is appreciated, now the time for little correction of 100 PIPS before moving upwards. We take short position to grab those 100 PIPS

2 Mar 2017

Not

You can observe in below 15M chart of USDJPY that whenever we see a rising wedge pattern, the price falls - At the moment, the price is ready to fall down to 113.70 and than 112.50 which is our target.

8 Mar 2017

İşlem aktif

Moving down to 113.70 than 112.70

13 Mar 2017

İşlem aktif

Landing soon to 113.60

16 Mar 2017

İşlem aktif

113.60 hit, now 112.70 and than 112.50 on the table

17 Mar 2017

İşlem aktif

Descending channel is intact till 112.70 in 5M chart.

20 Mar 2017

İşlem kapandı: hedefe ulaştı

Multiple targets achieved in 19 days.