ForexWeeklyAnalysis
Long

Ascending triangle on USD/JPY

FX:USDJPY   U.S. Dollar/Japanese Yen
45 1 0
Best place to load longs would be along the ascending trend line and either swing for ~30-45 pips at the resistance or hold for breakout of the ascending triangle . Consider exiting if price closes below the ascending trend line .

Disclaimer: I'm holding a long position from 101.35, with SL at BE+15 at 101.50.
Price is struggling to stay above the ascending trend line, so for anyone in this trade, I would proceed with caution (e.g., watch this like a hawk).
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