USDJPY Descending triangle, ready to sell the breakout

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

USDJPY Descending Triangle continuationpatterns priceaction SELL reversal Tweezer Tops signal

usdjpy descendingtriangle continuationpatterns priceaction sell reversal tweezertops signal

Price is reaching the 2/3 portion of the descending triangle formed by a long term resistance line and a recently tested support line at 100.060. Tweezer tops have formed, and I predict price will break through this support and continue in the direction of the long term trend.

snapshot

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