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TradeChartPatternsLikeThePros

SYMMETRICAL TRIANGLE

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
TradeChartPatternsLikeThePros Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Triangle tradechartpatternslikethepros Contains image
10
2
chartpattern triangle tradechartpatternslikethepros containsimage
Symmetrical Triangle is one of the most important chart patterns in technical analysis.
Triangles patterns form when price reaches support and resistances levels in consolidation ranges.
Symmetric Triangles can be continuous or reversals patterns.
USDJPY examples a Symmetric continuous Triangle Pricing above the breakouts levels.

Trade above the breakout with a confirmed t trend

EL: 130.258
ST: 129.803

Target1:
62%: 131.597
79%: 131.875

Target2:
127%: 132.654
162%: 133.210
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