SantanderCapital
Long

EUR/JPY Descending Triangle, Possible Breakout

FX:EURJPY   Euro Fx/Japanese Yen
84 1 3
Chart: Daily
Market: Bearish Trend

Bullish Indicators:

1. Descending triangle chart pattern
2. Triangle pattern low rejects key weekly / daily 121.600 support level
3. 4HR chart displays descending flag pattern
4. Volatility decreased towards bottom of triangle

Agree / Disagree? Comment Below!
leeeon
6 months ago
agree! The chart is retesting the trendline. I'm waiting for a pinbar on 4h chart for confirmation.
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