190 pips Channel has appeared at the USD\JPY currency pair. IT is a very precise pattern that upon breakout will yield a massive profit of 190 pips.
It can also be defined as a Flag as the previous downtrend is very strong - meaning that short trades will be even stronger as trading signals.
How To Trade
-Wait for pullback to Support trendline after the breakout
Traget
Target for breakout is 190 pips from the price of pullback.
It can also be defined as a Flag as the previous downtrend is very strong - meaning that short trades will be even stronger as trading signals.
How To Trade
-Wait for pullback to Support trendline after the breakout
Traget
Target for breakout is 190 pips from the price of pullback.
