Mon, 24 Jun 2013 10:40:34 GMT
Weekly trade Pattern Idea
EUR/JPY has formed a Rising Wedge pattern on the 1D chart. The pattern has 85% quality and 100% magnitude on in the 367-bar period.The pattern started on the 21st of March, 2012, when the pair started depreciating from 11.44; currently it is trading at the weekly pivot (PP) at 128.28; gap between the pattern's support and resistance narrows by 450