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EmilYusifov

USDJPY Short. Higher edge of a Triangle

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
EmilYusifov Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Double Top or Bottom Wedge Double Top
3
0
chartpattern doubletoporbottom wedgepattern doubletop
USDJPY 60m, higher edge of a 4h triangle. Wide DT, possible 3rd leg of a wedge. The last bull bar in a trend closed below the mid point.
4h:
snapshot
Comment:
CORRECTION: Higher edge of a channel, not a triangle*
Comment:
Ascending channel, still below the higher edge of a broad structure. 75% of broad bull channels break at the opposite direction.
snapshot
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