Lingrid | USDJPY potential CHANNEL Breakout. ShortFX:USDJPY is indeed forming a triangle pattern, which often indicates a period of consolidation and price squeeze before a potential breakout. The lower highs suggests ongoing selling pressure, and the price remains trapped within the triangle, moving sideways just above the channel border. Given this context, it's likely that the market could break out to the downside. Price often tends to consolidate at significant levels before making a decisive move, and it seems that the current setup is no exception. If the triangle pattern continues to hold, we could expect the price to move lower to retest the downward trendline. My goal is support level at 149.200
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