marto_el
Short

USDJPY daytrade Bearish idea

FX:USDJPY   U.S. Dollar/Japanese Yen
155 4 6
On the smaller time frames we have formed a nice triangle with a resistance at the 114.500 making the area good for shorting. sl needs to go arround the 11.700 and tp back in the triangle at the 113.000 level giving risk to reward of 1/2.5.
Order cancelled: I changed my mind about the setup. I will wait for a break of the triangle and rethink the whole idea again.
snapshot

This is what I think about the weekly. We will see what happens next week :)
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Marlo, I also think it might go through that resistance
USDJPY might be creating an upper channel or going sideways

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Dude ! I see a brakeout to upside from ascending triangle !!
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marto_el waterman
I have a controversial idea on the weekly chart for the upside as well. I'll keep you posted
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