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fxprecisiontrading

Perfect setup for an asending triangle - FXPRECISIONTRADING

Short
U.S. Dollar / Japanese Yen (ICMARKETS:USDJPY)  
fxprecisiontrading Updated   
ICMARKETS:USDJPY   U.S. Dollar / Japanese Yen
Wave Analysis Chart Patterns USDJPY
4
0
waveanalysis chartpattern usdjpy
I'm observing a promising ascending triangle pattern for the foreseeable future. As evident, it has encountered resistance on three occasions, indicating a potential breakout. However, before the breakout occurs, a correction is anticipated. The pattern provides insights into our projected targets.
Comment:
However, should it breach the trendline, we may anticipate additional correction.
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