Get started
U.S. Dollar / Japanese Yen
Short

USDJPY Short. Higher edge of a Triangle

By EmilYusifov
Updated
USDJPY 60m, higher edge of a 4h triangle. Wide DT, possible 3rd leg of a wedge. The last bull bar in a trend closed below the mid point.
4h:
snapshot
Comment
CORRECTION: Higher edge of a channel, not a triangle*
Comment
Ascending channel, still below the higher edge of a broad structure. 75% of broad bull channels break at the opposite direction.
snapshot
Chart PatternsDouble TopDouble Top or BottomWedge

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.