usd/jpy

I can see two scenarios here – the basic (1) and alternative (2).
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I see the trippple bottom near term BUT those inverted triangles have caused me considerable pain in the past and the stoch thingy looks crappy therefore I conclude gentlemen that it is not yet worth the risk till it gets nicer looking..maybe a longer term trendline see if it hits it. FOMC and BOJ may come into play here.
 
I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one.
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