USDJPY is Ready to GO UP by Symmetrical Triangle Patternđ
đââïžUSDJPY is moving near the đĄPotential Reversal Zone(PRZ)(147.520 JPY-147.318 JPY)đĄ.
â It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern.
đWhat is a Symmetrical Triangleâïžâ
đžThe symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
đI expect USDJPY to rise to at least the đŽResistance zone(148.930 JPY-148.520 JPY)đŽ after breaking the upper line of the triangle.
U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 1-hour time frameâ°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
â It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern.
đWhat is a Symmetrical Triangleâïžâ
đžThe symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
đI expect USDJPY to rise to at least the đŽResistance zone(148.930 JPY-148.520 JPY)đŽ after breaking the upper line of the triangle.
U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 1-hour time frameâ°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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