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schoelli
Sep 4, 2016 5:39 PM

USD/JPY Descending Triangle 

U.S. DOLLAR / JAPANESE YENICE

Description

USD/JPY is moving within a descending triangle and has tested the upper Trendline. Now I'll wait for a breakout to the upside and enter my long position after a breakout on a lower timeframe. Scenario 2 is a pullback to the Support level at 99.0 - 99.5. You can also sell the pullback to this level. Monday we will see whats happening.
Trade safe, Daniel
Likes and Comments would keep me motivated.
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