finitemonk

USDJPY - REPEAT BEHAVIOUR

FX:USDJPY   USA-dollar/Japansk yen
1
Hopefully self explanatory - using the same lines of the
upward Andrews Pitchfork we see similar behaviour
between the same lines.

My particular interest will be to see if the reversed entries /
tendency towards reversed pattern mean a reversed exit -
i.e that coming in from the top this time it drops out the bottom.

Taking into account the peak at 101.50
this outcome of course would also be a characteristic H&S.

PS. Noting todays drop in metals esp. silver the dollar hasn't responded upward,
suppressed by muted/turbulent equities, IMHO overheated :), and a strong performance from sterling
following a very predictable NO vote from Mark Carney.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.