USDJPY at the end of the triangleMoment of choice for the pair.
There are several reasons why we can expect bearish movement.
- Hidden bearish divergence on RSI
- Bounce of 144 EMA
- Bounce of 61.8 fib
Always wait for price movement and the break of the triangle. Don't move ahead of the price. When we get candle close below the triangle, it is safe to enter.
In case that price breaks up, I am scraping the scenario.
Bull Capital
