$JXY

The Japanese Yen Index broke out of a bearish pennant pattern, - to the upside.

The 61.8% does look like a sell area, only IF JPX act accordingly.

My max lock profit target for this move is at the 50% fib retracement.

One pip lower than the support of the actual Triangle puts me at a complete bearish sentiment. I’d be concervative enough to stay out of a bullish sentiment even if its falls below the dip of wave 5 within the pattern.

Stay alert!