Forex - Japanese Yen Bottoming Pattern
I'll let the above chart speak for itself. Inverse head and shoulders pattern in the Japanese Yen.
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Tuesday, May 12, 2009
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5 comments:
Do you think it's a death kiss to equities?
Hmmm, does this not usually correlate with a falling stock market and a general resurgence of the "fear trade"?
Thanks, Joe
A rising Yen might put pressure on the stock market...but I choose to trade each market based on its own techncial patterns.
amazing head and shoulders.i could see the head and shoulders but my neckline was different and off.how did you do yours?how long have you been trading for.you must have made some big bucks by now
so wat do you think the yen is doing now kevin?
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