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AndriyMoraru

Symmetrical Triangle on USD/JPY @ H4

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AndriyMoraru Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Triangle Symmetrical Triangle breakout breakouttrading patterntrading
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triangle symmetricaltriangle breakout breakouttrading patterntrading
A symmetrical triangle is visible on USD/JPY @ H4. The pattern offers a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential target level is marked with the green line. I will set my stop-loss to the lowest point of triangle's base.
Trade closed: target reached:
TP @ 110.715 hit today at 8:08 UTC.
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