ridethepig

Long term triangle pattern

Short
ridethepig Updated   
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
=> Here is the triangle we mentioned in our previous idea
=> A timely update as we approach the end of the 'D' part in the ABCDE pattern formation from a technical perspective.
=> On the macro side we are starting to see the DXY correct too and all stars are beginning to align for the next leg down.
=> Keeping a close eye on this one for now.
=> GL
Trade closed: target reached:
As expected a clean and simple ride... well done all

Related Ideas

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.