I don't know anyone who trades this so called Shark Pattern, but, here is a looming D completion @ 109.800. A month or so back I remember Governor Haruhiko Kuroda made a statement saying this pair will see upside above recent highs. He even went as far to claim an actual value that I'm drawing a momentary blank. RSI is calling for buyers to take over, I'm certain buyers are waiting for a sense of dollar strength before exposing themselves to the "Strength of the Yen" dare I say!
Will the early bird get the worm in this scenario?
Will the early bird get the worm in this scenario?
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Pattern completed!
