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VitalyKaminsky
21. Dez. 2016 09:59

USDJPY Long

U.S. Dollar/Japanese YenFXCM

Beschreibung

wedge reversal pattern

Trade geschlossen: Stop wurde erreicht

break the line and fall down now, breake support line
Kommentare
UnknownUnicorn539240
This is not a wedge. It is more likely a contracting triangle.
VitalyKaminsky
@brexit_as_a_username, call it what you want, but this triangle
UnknownUnicorn539240
@VitalyKaminsky, There is a big difference between Contracting triangle and a wedge patterns.
VitalyKaminsky
@brexit_as_a_username, As a Difference?
UnknownUnicorn539240
@VitalyKaminsky, Contracting Triangle is a continuation pattern. Wedge is a reversal pattern. If it would be a wedge, these tops would be making higher highs as well.
VitalyKaminsky
@brexit_as_a_username, Partially I agree with you
UnknownUnicorn539240
@VitalyKaminsky, This was a wedge –
UnknownUnicorn539240
@brexit_as_a_username, and it reversed
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