RaynLim

USDJPY - 5-0 Pattern

Long
FX:USDJPY   US-Dollar / Japanischer Yen
Consolidation in the 5-0 Pattern is what traders who shorted the Shark Pattern don't want to see. A break and close below the blue box will ease the mind of many. However, Profession traders will look closely at that level and decide should they liquidate their 2nd Target and go long.

You don't need to stare at the screen, just set an alert and let technology alert you and decide when the candlestick close.

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