Monday, December 3, 2012

USDJPY Triangle Short Trade

myfxvoyage.blogspot.com USDJPY Triangle Short Trade
USDJPY Daily
I am watching this setup from past week. Details [here].

The setup is on daily charts and price looks a little over brought. 200EMA & 100EMA is towards lower part of the triangle. 

I plan to go short on touch of upper trendline. That area comes roughly comes around 83.25.



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