AUDJPY: Descending Triangle spotted....!
AUDJPYThis is a LONG idea for this pair. It will take a minute to complete, but the wait will surely be worth it.
On the last leg to complete this continuation pattern. I the 200 EMA will act as dynamic support when that leg comes down, and price will likely bounce to profit glory!
Of course, one could short this pair to the support side trend line, and then buy the bounce. If that is your style, go for it!
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