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EliBathory

USDJPY starts accumulating after support test

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
EliBathory  
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis Technical Indicators USDJPY Forex
4
0
chartpattern trendanalysis indicator usdjpy forex
On the higher daily TF, as you can see there is descending triangle formed. Recently, we just confirmed the downline of the pattern as a respectable support.

I believe we are accumulating now to retest the falling trendline (triangle top).
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