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Bchap
Jul 6, 2017 8:20 PM

USDJPY Smaller Neutral Triangle On Upper Trendline of D1 Wedge 

USD/JPYOANDA

Description

A small neutral triangle has formed directly on the upper trendline of a much larger wedge on the daily chart. You can see the larger wedge here:


If the smaller M15 triangle breaks to the upside the entire wedge could break with a huge move up. If the Upper trend line holds look short to the bottom of the shape
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