Corrupt_Economy

Bullish Falling Wedge / Inverse Head & Shoulders / Ascending Tri

Panjang
OANDA:USDJPY   Dolar A.S. / Yen Jepun
As the title suggests - we have a large (light blue) bullish falling wedge with break out. As we have broken out we should expect to retest previous resistance as new support. This will help form the bullish ascending triangle in yellow and also converge with the .236 fib level as added support. We also have the green inverse head and shoulders.

My entry: 107.354
SL: 107.154
TP1: 108.883 (.382 fib)
TP2:109.5 (.618 fib)
TP3: 110.53 (.786 fib)

Penafian

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