Descending triangle entry in USD/JPY
I am trading in 3min chart but that small duration chart cannot be published, so will update the 3min charts as i go along the trade, planning either long or short entry depending on breakout direction, targets sl and entry points marked already.... Might change the entry points depending on volume confirmation...Lets see how this plays out
Trade active
long position entered....short position orders discarded...
Note
descending triangle breakout upwardsTrade closed: stop reached
wrong trade entered!.. well seemed like a breakout!well i guess its gonna follow as a continuation pattern
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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.