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FX.co ★ USDJPY M5: Bullish Symmetrical Triangle

USDJPY M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M5, USDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 104.18/104.25 whereas the upper border goes across 104.32/104.25. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDJPY will breach the upper border to head for 104.40.
The M5 and M15 time frames may have more false entry points.
*此处发布的市场分析旨在提高您的意识,但不提供交易指示
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