USDJPY-the evening star on the daily

The pair USDJPY has seen quite strong and unexpected growth in recent days.

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Previous high in March 2012 was about 84, after which USDJPY slipped to lows. Now I am seeing the emergence of a reversal pattern according to the canons of graphical analysis of Japanese candlesticks. «evening Star». You could even call her a doji, although it will fit the model «high wave». According to the classics, you should wait until today is closed with a black body., then the model will be formed, but I rarely wait until closing. It's not critical. The stop can be placed just above the high of yesterday's session — points on 10-20. Yet again, don't forget, that such a pattern only works after an uptrend, the stronger the latter, the higher the confidence in the signal.

Medium-term forecast, designed to take a good move, pp in 200-300. You can use trailing and top-up if desired, if the price goes our way.

shl. If someone didn't understand, then the signal to short

Good luck and profits!

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