The Yen is about to complete a massive five year ascending triangle.
From the daily chart we see a running wedge.
Stop was placed at 0.009572. Target is 0.010681.
The Yen is one of my favorite currencies to trade. Like all currencies, it seems to take forever to get to its target. So patience is key. The risk reward is exactly the way I like it. I risk a loss of $1,300 per contract for a gain of $12,000 per contract.