USDJPY in daily chart triangle break
Scenario A)
A break of 111 as a continuation of longer term uptrend and breakout of daily triangle pattern. targets 11.40 then 112
Scenario B)
False break of 11 followed by close below 4hr up-trendline for move back to 110
A break of 111 as a continuation of longer term uptrend and breakout of daily triangle pattern. targets 11.40 then 112
Scenario B)
False break of 11 followed by close below 4hr up-trendline for move back to 110
Note
Scenario A) played out with break of 111 first hitting 111.35 before eventually moving past 112
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Market Analyst for:
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wetradebroker.com/education/analysis/jasper/
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spreadex.com/financials
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keytomarkets.com/
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Key To Markets
keytomarkets.com/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.