USDJPY Short. Higher edge of a Triangle
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:
4h:
Note
CORRECTION: Higher edge of a channel, not a triangle*Note
Ascending channel, still below the higher edge of a broad structure. 75% of broad bull channels break at the opposite direction.
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.