- Just about able to make out an uneven looking SHS bottom on the clean USD/JPY weekly line chart. Usually these poorly formed SHS patterns are the ones that work; the beautifully formed ones more often than not break your heart.
- Parameters : Head 86.87; NL 93.00; Objective = 99.13 !
- Currently at 93.28 ie testing NL.
- 93.00 is an important pivot around which previous short term bottoms were formed in Oct08 and Jul09. This makes the current penetration back above pretty significant (provided we can hold above into Friday's close).
1 comment:
Bought 93.18
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