Ascending triangle on USDJPY; compression coming to an end...
Looking for a pop to 110.305 for USDJPY after this tightly coiled consolidation...
Long from 109.749
Long from 109.749
Note
I ended up closing this trade for a small gain after seeing it struggle to break through. I notice support has now turned resistance which might open the opportunity for a sell on USDJPY.
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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.