USD/JPY has been hovering within the triangle structure for the past week awaiting FOMC and BOJ updates.
Big Opportunity lurking.
TREND CONTINUATION - Await Price action upon close of the daily candle below the triangle structure. - Enter short with TP 1 @ 100.00
Trend BREAK - Break of the Upper Red Line and Triangle Structure --> Massive Uptrend. Potential Long term trade to 120 level - Enter Long @ close of Daily candle above the Triangle Structure. - TP 1 @105 - Long Term Trade potential.
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