Yen

Discussion in 'Trading' started by Wealthy Bucket, Jul 21, 2014.

  1. It is suggested to begin looking for bearish opportunities in the event Yen breaks to the upside and completes the Ascending Triangle pattern. Since the majority of retail investors and traders maintain a bullish bias, it would be prudent to consider offsetting the risk in the event the equity market turn should Yen break to the upside.
     
  2. [​IMG]

    That looks bearish to me . . . I always thought ascending triangles were supposed to be bearish. That looks like yen breaking down. In conclusion, bearish.
     
  3. [​IMG]

    could go either way, long term trend is down.