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T_touch
Sep 17, 2020 11:38 AM

USDJPY DAILY.  Long

U.S. Dollar/Japanese YenFXCM

Description

LONG TRIANGLE (IM STILL NEW)
WHAT DO YOU THINK GUYS
Comments
Kxeroo
I think it is a little early to talk about long. When it comes to triangle I am also seeing a broken triangle. The only think that supports that idea (not the chart tho) is 2 rejection and a divergence forming on H4 .. I would say you can take a trade before that long triangle set up but thats me. My suggestion to you is to use something dynamic as well as your static analysis. ie. triangles wedges fibonacci those are static points may be if you can add up EMAs or a osicilator or a candlestick formations and act when both confluence rather than just break out alone would be lot less risky and profitable.
T_touch
@Kxeroo, thank u for ur advise i will look in to it, and even o the next trade i will take.
very helpful
jamemadisonn
Make sense, Price maybe bounce back from that support zone ... came back up on that Trendline before breakout.
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