AndriyMoraru
Short

Descending Triangle on CHF/JPY @ H4

FX:CHFJPY   Swiss Franc / Japanese Yen
The descending triangle pattern on H4 chart of CHF/JPY             provides an opportunity for a bearish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the low of the breakout bar (not shown).

More information, chart template, and free EA             to automatically trade this pattern - on http://www.earnforex.com/blog/chfjpy-consolidates-in-descending-triangle-on-4-hour-chart/
Order cancelled: Order cancelled as the pattern is no longer valid.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/. You will also find useful tools to find, build, and trade similar patterns - all completely free.
quite the similar view on direction and target
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*high of the breakout bar, not "low".
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