LorbeerInv

Looking for a 200 Pips chance

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
- Price formed higher swing low
- Then the test of the upper triangle trendline
- And the failure of closing above the trend line

=> chance for this price to fall within this triangle. Million dollar question; where will the majority of buying volume come in next?
I believe at the close of the swing low wich makes it an almost 230 pips short trade, then change side for a long trade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.